However, the Assessing Officer initiated penalty proceedings under Section 271(1)(c) for allegedly furnishing inaccurate ...

Section 6 of the CGST Act, dealing with the cross-empowerment of central and state tax authorities, has been the subject of ...

The Uttarakhand High Court has set aside a tax demand order issued by the Assistant Commissioner against Sai Vishwas Polymers ...

The financial statements have been prepared in accordance with the Guidance Note issued by the Institute of Chartered ...

The CBDT has notified ITR-Form 3 for AY 2025-26 through Notification No. 41/2025 dated 30.04.2025, introducing significant ...

Despite the clear legislative intent behind Section 87A, taxpayers have been receiving intimations under Section 143 (1) of ...

At first glance, the section may not appear to involve any technical complexities; however, upon actual application, several ...

Delhi High Court held that Rule 16 of the Drawback Rules does not prescribe any limitation especially when there are strong ...

ITAT Delhi held that mere confession of accused cannot be a ground for conviction since the same is not supported by credible evidence on records. Accordingly, addition under section 69 of the Income ...

(iii) An order passed by punishing authority on behalf of appellate authority by stating the same to have been passed with the approval of appellate authority is impermissible, illegal, nullity, coram ...

ITAT Kolkata held that re-assessment proceedings initiated under section 148 of the Income Tax Act without any tangible material and without independent application of mind is not sustainable in law.

Delhi High Court has declined to quash an order holding a Chartered Accountant (CA) liable for penalties in a case involving alleged fraudulent duty drawback claims. Yogendra Singh Balyan, the ...