ITAT Hyderabad condoned a 292-day delay in filing an appeal due to the assessee’s age, dependence, and overseas travel. The ...

The Tribunal found that once additional evidence is admitted and remand is called for, the Assessing Officer must be given an ...

This article explains how Section 137 of the Central Goods and Services Tax (CGST) Act, 2017 deals with offences committed by ...

Startups are no longer being valued on “gut feeling”, story-driven pitches, or inflated multiples. India’s 2024–25 regulatory environment has completely changed the way startups must be valued, both ...

An insider’s analysis of how civil procedure governs corporate conflicts, revealing why interim relief, execution, and strategy often matter more than final ...

Andhra Pradesh and Kerala High Courts clarify that interest on delayed chit instalments is compensatory and not taxable under GST, leaving only the foreman commission ...

ITAT ruled that cash recorded in a partner’s name during survey cannot be taxed in his hands when the amounts relate to the firm’s land sales and are recorded in the firm’s books. The key takeaway: ...

ITAT held that the obligation to receive cash was rooted in an agreement executed before the 2015 amendment to Section 269SS. Since reasonable cause existed, penalty under Section 271D was not ...

Explains when writ petitions are maintainable against revenue authorities and the legal principles guiding judicial ...

Madras High Court held that reassessment proceedings under section 147 of the Income Tax Act against the deceased assessee sustained since income tax department not informed about the death of the ...

The Directions lay down minimum pricing norms for fixed-rate loans and detailed rules for floating and hybrid loans. The decision balances bank flexibility with safeguards against under-pricing and ...

Recent amendments in GSTR-9 and GSTR-9C have increased compliance complexity, prompting calls for extended deadlines to allow ...