Accurate classification of materials and inventory is central to transparent financial reporting, particularly under the ...

ITAT Delhi held that registered deed of new property not mandatory for claiming exemption under section 54F of the Income Tax Act. Investment in property and possession thereof sufficient for claiming ...

ITAT Chandigarh held that compensation under a family settlement is liable to be assessed under the head ‘Capital Gain’ and not ‘Income from Other Sources’. Thus, deduction u/s. 54 and 54EC allowed ...

1. The petitioner would submit that with the assistance rendered by the good office of the learned Additional Government Pleader, Mr. Siddiqui, the petitioner could ultimately file the appeal under ...

The Reserve Bank of India’s Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, met from June 4-6, 2025, ...

1. (1) These rules may be called the Companies (Accounts) Second Amendment Rules, 2025. (2) They shall come into force with ...

According to the GST Act, there is no provision for filing revised returns. Consequently, once GSTR-1 and GSTR-3B are filed, ...

The statutory time frame provided to a taxpayer for filing an appeal before GSTAT is Three (3) months from the date of ...

let’s view summary of tables to be reported in GSTR-1. 1. Taxable No. 4 outward supplies made to registered persons ...

However, the High Court acknowledged the petitioner’s contention that the Order-in-Original consolidated demands for multiple financial years, including those covered by the Amnesty Scheme. The court ...

According to the SEBI investigation, the scheme began with the company’s promoters, including Gaurav Gupta and Rakesh Kumar Gupta, engaging market operators like Manish Mishra and Subhash Agarwal.

Supreme Court of India on May 22, 2025, affirmed the constitutional validity of the Kerala luxury tax imposed on cable television services. The ruling came in the case of State of Kerala & Another Vs ...