Tax Deadlines: Fair Consideration Over Strict Rules
The Bombay High Court, while interpreting the scope of authority under section 119(2)(b) of the…
Tax Law Simplified: Full Interest on All Refunds
In a judgment dated [date], the Bombay High Court delivered a significant ruling in the…
Taxpayers Win: Delayed Returns Okay Without Intent
The Rajasthan High Court recently ruled on a case involving delayed income tax returns, emphasizing…
Cash Book Cleared: ITAT Protects Taxpayer
The Delhi Bench of Income Tax Appellate Tribunal recently ruled on a case concerning the…
Tax Relief for Banks: ITAT Allows Bad Debt Deduction
The recent decision by the Income Tax Appellate Tribunal (ITAT) Delhi in the case of…
ITAT Ruling: Beyond Digital “Proof” in Tax Assessments
The case of ACIT Vs Shanker Nebhumal Uttamchandani, as decided by ITAT Surat, underscores the…
Tax Assessment: Right Section, Right Evidence
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) recently made a ruling highlighting the…
MSME Payment Rule: Tweak on the Horizon?
In the Income Tax Act, a recent amendment aimed at encouraging timely payments to small…
Fire Brick Recycling Wins Tax Relief
The Ahmedabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) made a decision…
GST Growth Continues: IT Tools Aid Success
In November 2023, the gross Goods and Services Tax (GST) collections saw a notable surge…