Delhi High Court held that penalty imposed under section 276B of the Income Tax Act is liable to be set aside on account of section 278AA of the Income Tax Act as reasonable cause shown. Accordingly, ...

Discover complete tax guide for senior citizens (aged 60 and above) for FY 2024-25, covering due dates, exemptions, penalties & CBDT ...

The Ministry of Corporate Affairs (MCA) designates Special Courts in Punjab, Haryana, and Chandigarh for the speedy trial of ...

The Jharkhand High Court has ruled in favor of R.K. Transport & Constructions Ltd., directing GST authorities to act against ...

ITAT Nagpur voids reassessment against Rupesh Dhakate, citing lack of jurisdiction as alleged escaped income fell below the ...

MP High Court rules WhatsApp chats, even if obtained without consent, are admissible as evidence in matrimonial disputes ...

Allahabad High Court quashes summons for several LLP partners in a cheque dishonour case, affirming liability primarily for ...

ITAT Nagpur rules against arbitrary 10% cash deposit addition under Section 69A, stating no income can be deemed if ...

The Calcutta High Court set aside orders against Kamdhenu Udyog P Ltd., ruling that a technical error in ITC reversal forms ...

Indian tax residents must report foreign assets and income in their ITRs, regardless of value. Non-disclosure can lead to ...

Bangalore ITAT mandates 80G approval for Academy of General Education, clarifying CIT(E)'s scope is limited to verifying ...

ITAT Bangalore overturns CIT (Exemptions)'s rejection, granting City Hospital Charitable Trust 80G approval. The tribunal ...