Gujarat Authority for Advance Ruling (AAR) has refused to issue a ruling on a question concerning the restriction of Input ...

Provision: as per sec 194IA of income tax Act, if immovable property, other than agricultural land, is transferred tax (TDS) ...

ICAI have brought ana mazing guidance note on Financial Statements of Non-Corporate Entities, this move will help in ...

The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...

A new Para 19 is introduced in ‘General Notes Regarding Import Policy’ under ITC (HS), 2022 Schedule 1 (Import Policy) regulating the Import of certain goods from Bangladesh to India, with immediate ...

The petitioner challenged the recovery of ₹1,55,079 effected by the respondents on January 29, 2025, just four days after the rejection of their appeal under Section 107 of the GST Act on January 24, ...

As the capital market ecosystem in IFSC has made substantial progress in last 3-4 years in the IFSC. The New CMI Regulations will facilitate intermediation of financial services in a more regulated ...

Mumbai: In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) has held that surcharge is not leviable on the income of a private trust if the total income is below ₹50 lakh.

The Indian government should enact comprehensive regulations specifically addressing remote work arrangements. These regulations should provide clear guidelines on employment contracts, working hours, ...

(xi) Banks/financial institutions shall sanction loan against any building as a security only after verifying the completion/occupation certificate issued to a building on production of the same by ...

Issuing a Speaking Order: Even in case of deemed approval, the proper officer (or a higher authority) might need to issue a subsequent speaking order clarifying why the taxpayer is not eligible for ...

The case involved Pret Study By Janak Fashions Private Limited, which challenged an order dated January 28, 2025, passed by ...