News

India's SIMS and NOC processes are creating challenges for steel importers, including delays, complex documentation, and ...
This article analyses the GST treatment of such corporate guarantees, particularly where no consideration is received from ...
ITAT Lucknow allowed exemption for Long Term Capital Gains on a share sale, ruling that tax authorities cannot rely on un-furnished investigation report to dismiss a taxpayer's ...
The ITAT Delhi has quashed an income tax reopening, ruling that a "mechanical" approval from the prescribed authority under Section 151 of the Income-tax Act is ...
Delhi ITAT deleted a ₹10,000 penalty under Section 271(1)(b), finding no deliberate defiance by the assessee despite a delay in responding to a tax ...
Learn which ITR form is right for you. This guide breaks down common ITR forms (1-7) based on income sources for individuals, businesses, and other ...
The ITAT Mumbai has returned a case to the CIT(A), ruling that the appeal was wrongly dismissed on a technicality without considering documents filed on ...