Businesses are seeking a cap on dividend taxation for resident shareholders to address double taxation concerns.The proposal ...

Explains when GST applies to real estate transactions and when sale of land or buildings falls outside GST. The key takeaway ...

The Tribunal held that serving notices on an outdated email ID violates principles of natural justice. The assessment was set ...

The authority examined whether a plastic nozzle connector should be taxed as a general plastic article or as machinery parts.

High Court set aside reassessment proceedings after finding that the notice was based only on existing records, with no new material to justify reopening of the completed scrutiny ...

The Council capped regional CPE seminar hours and allowed shorter technical sessions for major events, while empowering the ...

The Registrar penalised a company for missing mandatory disclosures in share allotment filings. The order clarifies that even inadvertent procedural lapses attract penalties, though relief may apply ...

The Supreme Court upheld the High Court’s quashing of a reassessment notice, holding that reopening based only on existing records was invalid and refusing to condone a 426-day ...

The adjudicating authority held that filing an AOC-4 with incorrect particulars attracts penalty even if the error is later admitted and rectified. Administrative correction does not nullify the ...

The Tribunal held that interest earned from deposits with co-operative banks qualifies for deduction under section 80P. Such ...

The order holds that missing mandatory disclosures in share issue filings violate Section 62 read with Rule 13. Even inadvertent procedural lapses can trigger penalties under the residual provision of ...

The Tribunal ruled that cash deposits arising from regulated liquor sales are a normal business incident. Where bank reconciliations explain the source, Section 69A cannot be ...