News

Reference has been received in the Board on the aspect of allowable limits of quantity of agarwood product that can be taken ...
GST Case Law Compendium reviews significant judicial pronouncements impacting taxpayers and tax administration. Recent court ...
In its ruling dated April 2025, the Delhi High Court reiterated that the approval given under Section 153D was part of a composite and common order in Anuj Bansal’s case, and that its invalidity could ...
FI Foundation had initially been granted provisional registration under Section 80G on August 24, 2023. Subsequently, the trust applied for final registration in Form 10AB on September 4, 2023. The ...
In the case of Arti Dhall vs DCIT, the Income Tax Appellate Tribunal (ITAT) Delhi ruled on an appeal concerning the validity of an assessment order passed under section 143(3) of the Income Tax Act ...
Bangalore dealt with the issue of a penalty imposed under Section 271D of the Income Tax Act for cash loans totaling ₹38.7 lakh received by the assessee during the Assessment Year 2010–11. The ...
With reference to NPCI circular NPC1/UPI/OC No. 101/2020-21 dated on 21St February 2021, NPCI has mandated ultimate beneficiary is to be showcased in UPI transaction. This shall be displayed on the ...
The inclusion of I4C, a key agency under the Ministry of Home Affairs focused on cybercrime coordination, is expected to enhance inter-agency cooperation and improve information sharing related to ...
The IBBI initiated an inquiry after receiving information suggesting Mr. Singhal had entered into a lease agreement addendum concerning a factory owned by the corporate debtor (CD) without obtaining ...
Indian government, through the Ministry of Home Affairs, has ordered the immediate closure of the Integrated Check Post (ICP) at Attari on the India-Pakistan border in Punjab. This decision, ...
Facing a GST credit denial notice due to a bogus supplier can be distressing for genuine businesses. By ensuring compliance ...
Vide Finance (No. 2) Act, 2024, section 206C (1F) was amended to provide that TCS will also be levied on any other goods of ...