It is definitely in the fitness of things that, while taking a very pragmatic approach, the Orissa High Court, in a most learned, laudable, landmark, logical, and latest judgment titled Manoj Kumar ...

Corresponding amendments have been made by the Finance (No.2) Act, 2024 in the provisions under the second regime whereby, ...

The High Court ruled that Section 50C applies only to the transferor of land and not to those with rights in land. Since Namaste Exports Ltd. was the transferor, the court held that Section 50C was ...

The assessee argued that the delay of 14 days in filing Form 67 resulted from late receipt of tax deduction certificates from a Zambian entity. Citing judicial precedents, including the Bangalore ITAT ...

4.2 Counsel for the assessee pressing the legal ground vehemently argued that in this case, the escaped income was Rs.12,38,000/- and the assessment year involved is assessment year 2018-19 and ...

As mentioned in the clause 121 of the finance bill, 2025 the amendment is proposed in sub-section (2) of Section 34 of the CGST Act, 2017. Let us have a look at the sub-section (2) of Section 34 of ...

Export Compliance (Rule 96A): Ensure exports are completed within 3 months of the invoice date and foreign payments are received within 1 year. GST Refund Claims: Check pending refunds and apply ...

4. As the appellant is not a signatory to the cheque, he is not liable under Section 138 of the 1881 Act. As it is only the signatory to the cheque is liable under Section 138, unless the case is ...

The Tax Deducted at Source (TDS) rates for FY 2025-26 (AY 2026-27) outline the tax obligations on various payments, including salary, interest, rent, winnings, and professional fees. TDS on salary ...

Gauhati High Court heard the case of Gautam Kar vs Union of India, where the petitioner challenged the cancellation of his GST registration by the Superintendent of Central GST, Dhekiajuli. The ...

The issue of notice u/s 143 (2) is mandatory even in reassessment proceedings, hence the reassessment order framed by the Assessing Officer u/s 147 of the Act is not sustainable in the eye of law and ...

Raj Surendra Mohan Hajela before ITAT Pune concerns the denial of Foreign Tax Credit (FTC) due to a delay in filing Form 67. The assessee, a tax resident of both India and the USA, claimed FTC of ...