The ‘on money’ gets surfaced during search and surveys in the form of loose sheets, chits, diaries, whatsapp chats, ...

ITAT Ahmedabad held that addition invoking provisions of section 50C (2) of the Income Tax Act without referring the valuation of the capital asset to the valuation officer is not justifiable.

Karnataka High Court held that reassessment order under section 148 of the Income Tax Act is bad-in-law since passed without following mandatory procedure of disposal of objections. Accordingly, order ...

Explanation: The traffic-in-transit route via rail through Raxaul would be as per Treaty of Transit between India and Nepal ...

One of the top trading mistakes to avoid is treating margin trades like long-term investments. They’re not. Let’s be real, ...

Chhattisgarh High Court held that upholding of addition by CIT (A) and ITAT merely on the basis of non-appearance without ...

Immovable Property: If any immovable property is received without consideration and the stamp duty value (‘SDV’) exceeds ...

The m-Parivahan app is a digital platform enabling vehicle owners in the country and Maharashtra to access various ...

Premiums paid for critical illness, surgical care, or similar covers are eligible for deductions up to ₹25000 under Section ...

Madras High Court held that writ against order confirming demand towards difference between Input Tax Credit (ITC) availed in GSTR -3B and ITC available as per GSTR – 2A dismissed due to availability ...

In consultation with the Chief Justice of the High Court of Chhattisgarh, the Central Government has revised the designation of the Special Court handling PMLA cases for the State of Chhattisgarh. The ...

The Petitioner contended that the blocking of ITC was done mechanically without independent application of mind by the jurisdictional officer and without recording “reasons to believe” as required ...