News

Visakhapatnam bench, has dismissed an appeal by the Revenue against an order that deleted an addition of ₹2.85 crores to the ...
This clear pronouncement from the Delhi High Court, classifying donations received towards the corpus of the trust as ...
In a significant ruling, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has held that service ...
Periodically review your portfolio and rebalance as required.
The visible shift as reported in the NEWSWEEK dated 25.05.2025 (quote) “ In the wake of the attack, the Trump administration has unequivocally condemned the act of terrorism and voiced its support for ...
The case involved Tapas Kumar Das, the assessee, whose income tax return for AY 2017-18 was selected for scrutiny under the ...
ITAT Kolkata held that the transaction cannot be treated as unexplained cash credit under section 68 of the Income Tax Act since the transaction of the shares were shown as stock in trade in assets ...
Madras High Court held that claim of Input Tax Credit [ITC] barred by limitation in terms of section 16 (4) of the Central Goods and Services Tax Act, 2017 [CGST Act] but within period prescribed u/s.
Calcutta High Court held that addition u/s. 68 of the Income Tax Act towards bogus share capital and share premium duly deleted by CIT (A) since identity and creditworthiness of the share subscribers ...
CESTAT Chennai held that expense of air travel of service provider who provided Management Consultancy Service is not includible in value for discharge service tax under reverse charge mechanism [RCM] ...
CESTAT Kolkata held that Lemoneez, being juice of single citrus pulp, is rightly classifiable under Tariff Item No. i.e. CTH 2009 31 00 instead of CTH 2106 as alleged by department. Hence, ...
Despite the clear visibility of the reminder notice on the portal, no response or reply was filed by the petitioner. The ...