ITAT Raipur held that addition of commission @1% on bogus sales transacted upheld as no plausible explanation provided by the ...

The Supreme Court dismissed an SLP, affirming the Delhi HC's decision that an Electronic Credit Ledger (ECL) with a negative ...

Learn how strategic income tax filing and claiming key deductions in 2025 can help you save more. Discover essential ...

According to assessee, these claims were arbitrarily "zeroed out" in June 2018 without any speaking order or prior intimation, and without issuing a deficiency memo highlighting the alleged ...

CESTAT Kolkata held that payment received towards Licensing Fee from mobile towers cannot be considered as 'rent' to fall within the definition of 'renting of immovable property'. Accordingly, service ...

The applicant sent the statutory demand notice to the accused on 23.05.2009 which was duly served but no payment was made. The applicant filed the criminal complaint before the Court of the Judicial ...

The Tribunal therefore, has rightly affirmed the conclusion arrived at by CIT(Appeals) in deleting the tax demand relatable to difference between 20% and the actual tax rate on which tax was deducted ...

In this step-by-step guide, we explain how you can use TaxBuddy’s DIY platform to file your income tax filing for FY 2024–25 (AY 2025–26), with special attention to the needs and benefits available to ...

ITAT Delhi held that addition under section 68 of the Income Tax Act cannot be sustained as assessee has proved the source of funds for purchase of land made in earlier assessment year. Accordingly, ...

Held that merely because of non-participation of the assessment proceedings, the valuable right of the petitioner would not be deprived of to prosecute a case under Section 264. Accordingly, orders ...

Kerala High Court held that import of decalcified fish scale is eligible for the benefit of advance authorization scheme. Thus, benefit of advance authorization cannot be denied by the ...

India mandates Common Contract Note with Single VWAP from June 27, 2025, simplifying post-trade reporting and reducing compliance burden for market ...