The Central Board of Direct Taxes (CBDT) has made significant revisions to the monetary limits for condoning delays in ...
The E-Waybill System has been enhanced with new features for Enrolled Transporters and Common Enrolled Taxpayers. These...
The Ministry of Consumer Affairs has taken a significant step towards protecting consumer privacy by introducing a new ...
In a recent case before the Hon'ble Karnataka High Court, Sri Annadurai Muniswamy sought relief against the cancellatio...
Introduction The Income Tax Act plays a vital role in establishing a fair and transparent taxation system. Among...
The Central Board of Direct Taxes (CBDT) has issued Notification No. 31/2023 on May 24, 2023, announcing a significant ...
In the case of Anil Ratanlal Bohra v. Assistant Commissioner of Income Tax (ACIT), the issue at hand revolved around th...
Introduction As the financial year has ended, many individuals and businesses find themselves concerned abou...
A partnership firm is a business arrangement where two or more individuals come together with the purpose of conducting...
The Ahmedabad ITAT has upheld the order of the CIT(A), which resulted in the deletion of an addition of Rs. 86.75 crore...
The case at hand revolves around the applicability of Section 69C of the Income Tax Act, which deals with unexplained e...
The method of accounting that an assessee chooses to use can significantly impact the computation of their income under...
Any expenditure that is incurred solely and necessarily in relation to the transfer of a capital asset can be deducted ...
Under the Income Tax Act, a non-resident Indian can be assessed directly or through an agent. Section 160(1)(i) defines...
The Income Tax Appellate Tribunal (ITAT) in Chennai has allowed an appeal by an individual Assessee engaged in the film...
