ITAT Bangalore held that merely because the assessee has failed to prove any benefit from services received the disallowance ...

These investigations revealed that R.K. Bullion received RTGS credits amounting to Rs.6.39 crores during the demonetization ...

Assessee filed return of Income at Rs. 3,33,950/- after claiming deductions under chapter – VIA and exempt income. Case was selected for scrutiny. When no compliance was made against the notices ...

The petitioner sought several reliefs, including the annulment of orders passed by the Assistant Commissioner, particularly ...

The Gauhati High Court, in the case of Shambhu Prasad Vs State of Assam & Ors, addressed key issues regarding the validity of ...

2. Admittedly, none of the authorities below has satisfied itself with regard to the applicability of provisions of ...

In the matter abovementioned ITAT has remanded the matter to AO after observing that revenue has accepted the assessee’s contention in earlier and subsequent years.

200% Penalty for Non-Disclosure of First Supplier’s Name & detailed address in Bill-to-Ship-to E-Way Bill – Whether justified?

Securities and Exchange Board of India (SEBI) has issued a circular outlining the due diligence certificate format for debenture trustees (DTs) handling unsecured debt securities. This follows ...

In conclusion, the ITAT’s decision in favor of the trust reinforces the importance of adhering to CBDT guidelines. The ruling highlights that for trusts registered under Section 12A, the exemption ...

The importance of local governments and municipal bodies particularly in developing economies is increasingly being recognized with rising aspirations of citizens. The nature of social and economic ...

The Ministry of Finance has designated specific computer resources of the Directorate of Income Tax (Systems) under the Central Board of Direct Taxes as protected systems under Section 70 of the ...