Madras High Court held that matter is to be remitted back for fresh orders on merits in view of non-filing of reply and non-attending personal hearing since petitioner has already deposited entire ...

ITAT Kolkata held that addition towards unexplained money under section 69A of the Income Tax Act cannot be sustained since the cash deposit is already added while filing the return of income under ...

Bombay High Court held that combine reading of section 56 and 54(1) of the CGST Act states that interest @9% is payable when amount is not refunded within 60 days from the date of the order passed by ...

The Supreme Court of India rules that financial hardship is not a valid ground to waive or reduce the mandatory pre-deposit for filing an ...

This article explores common confusions in professional ethics for Chartered Accountants in India, addressing topics like membership, practice, and ...

The ITAT Pune has sent back a Rs. 28.71 lakh unexplained cash deposit case to the CIT(A), granting the assessee a fresh opportunity due to alleged unawareness of ...

Madras High Court quashes orders disallowing Input Tax Credit (ITC) for FY 2017-2021, citing the new Section 16(5) of the CGST ...

The Delhi High Court declined to hear Soham Industries' writ petition against ITC denial and penalties, citing the availability of appellate remedies despite claims of non-service of ...

The Kerala High Court has dismissed an appeal for an income tax exemption, ruling that a bank's Exit Option Scheme did not satisfy the VRS criteria under Section ...

The Supreme Court of India dismisses a company's appeal for failing to deposit the mandatory 20% of the disputed tax under the Odisha Entry Tax ...

Karnataka High Court has ruled the POCSO Act is gender-neutral, allowing a woman to be charged with sexual assault against a ...

Learn how to calculate income tax for individuals in India for AY 2025-26. This guide covers salary, capital gains, and business income under the new Finance Act 2024 ...