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

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

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

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

Delhi High Court has set aside a GST order passed against M/s Jinender Paper Mart, highlighting the critical issue of an ...

CESTAT Delhi held that imposition of penalty under section 112 (a) of the Customs Act, 1962 not justified since revenue failed to establish direct involved of Customs Broker in mis-declaration of ...

The West Bengal Appellate Authority for Advance Ruling (WBAAAR) under the Goods and Services Tax (GST) regime has set aside a previous ruling by the state’s Authority for Advance Ruling (WBAAR) ...

Amendments, corrections, redrafting, deletion, edition of sections, sub-sections, proviso, schedules and rules have been ...

Bombay High Court held that notice issued under section 148 of the Income Tax Act beyond the time period specified under section 149 (1) of the Income Tax Act is non-complaint and invalid. Accordingly ...

ITAT Kolkata held that the reopening of assessment cannot be allowed on the basis of vague reasons, where AO has not done anything as there was gross non-application of mind by the Assessing Officer.

(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 ...

Subject: Port restriction on import of certain goods from Bangladesh to India – Insertion of a new Para 19 under ‘General Notes Regarding Import Policy’ under ITC (HS), 2022 Schedule 1 (Import Policy) ...