A small matter of rounding off: Section 170 of the CGST Act permits rounding of tax to the nearest rupee. Why, then, are ...

In the initial draft assessment order (DAO) dated December 27, 2016, the AO determined that the receipts constituted “royalty” income taxable in India. This view was upheld by the Dispute Resolution ...

Beyond the merits, the ITAT’s decision, affirmed by the High Court, rested on a crucial technical ground: the deemed grant of registration due to the CIT (E)’s prolonged delay in passing the order ...

Gujarat High Court has quashed a reassessment notice issued by the Deputy Commissioner of Income Tax (DCIT) against Harikishan Sunderlal Virmani for the Assessment Year 2009-2010. The court found that ...

These draft regulations aim to enhance the regulatory framework for drafting, amending, and issuing regulations and subsidiary instructions by the International Financial Services Centres Authority ...

Through flagship initiatives such as the MSME Yatra, Startup Sphere, Startup Manthan, and Startup Samvad, ICAI actively ...

Himachal Pradesh High Court held that petitioner/ university is not liable to pay taxes on supply of food stuff and other ...

Shiva Industries had challenged refund orders issued on April 22, 2022, and June 23, 2022, by the Deputy Commissioner, CGST ...

Chhattisgarh High Court held that imposing liability u/s. 201 (1) of the Income Tax Act for failure to deduct TDS without ...

As a result, the Registrar concluded that both the company and its directors were liable for penalties under Section 172 of ...

Insider trading, the practice of trading in securities based on Unpublished Price Sensitive Information (UPSI), fundamentally ...

As Tilak Proficient Nidhi Limited is a Nidhi Company, it does not qualify as a small company under Section 2 (85) of the ...