Bombay HC quashed notice under section 148 for AY 2016-17 issued after prior approval of PCIT instead of PCCIT.

Blocked Credit Under GST – Section 17(5)

The amount paid in Electronic Cash Ledger is equal to credit to the account of the Government.

Delay in filling appeal before the CIT(A) by 2929 days can be condoned by CIT (A) if there exists a genuine reasons: ITAT Ahmedabad

For a mere technical venial breach, the assessee should not be invited with penalty u/s 272A(2)(k) of the Income Tax Act

For exercising its power under Section 263, PCIT cannot substitute the view taken by the AO as per his understanding of facts of the case

Taxpayers can pay GST with credit or debit card

Direct Tax Statistics released by minister of finance on 23.01.2024

𝗚𝗦𝗧𝗡 𝗔𝗟𝗘𝗥𝗧: 𝗧𝗵𝗲 𝗚𝗦𝗧𝗡 𝗵𝗮𝘀 𝗶𝘀𝘀𝘂𝗲𝗱 𝗮𝗻 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗗𝗮𝘁𝗲𝗱 𝟮𝟯.𝟬𝟭.𝟮𝟬𝟮𝟰 𝗶𝗻 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗳𝘂𝗿𝗻𝗶𝘀𝗵𝗶𝗻𝗴 𝗯𝗮𝗻𝗸 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝗱𝗲𝘁𝗮𝗶𝗹𝘀 𝗯𝘆 𝗿𝗲𝗴𝗶𝘀𝘁𝗲𝗿𝗲𝗱 𝘁𝗮𝘅 𝗽𝗮𝘆𝗲𝗿𝘀 𝘂𝗻𝗱𝗲𝗿 𝗥𝘂𝗹𝗲 𝟭𝟬𝗔 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗚𝗦𝗧 𝗥𝘂𝗹𝗲𝘀, 𝟮𝟬𝟭𝟳

Are repairs and maintenance services provided to customers within the warranty period free of cost liable to GST ?

Section 56(2)(vii)(b)(ii) of the IT Act does not apply in case of property bought by partnership firm for business use: ITAT

GST Registration cancellation order set aside by Delhi HC

The Old vs. New Tax Regime Debate: Which benefits the Most?

GST implements restrictions to E-way bill generation effective from March 2024

*Working Capital as a backbone of business*

Can a taxpayer avail ITC on capital expenditure where construction period of plant & machinery is more than 2 years and no production has started and accounting of the same is done in capital work-in-progress account ?

Whether employment includes self employment for the purpose of determining residential status under Income Tax Act?

GST: Order to be set aside if assessee was not put to notice about retrospective cancellation of registration