Introduction The intricate framework of Goods and Services Tax (GST) in India, while revolutionary in its approach to indirect taxation, presents significant ...

Despite challenges, MAT has stood the test of time — adapting to reforms, responding to investor concerns, and plugging loopholes. It’s now a key pillar of India’s corporate tax framework, ensuring ...

Your client is not just looking for numbers. They are looking for meaning behind those numbers. By understanding their vision, fears, and personal motivations, you become part of their core team — ...

This is Part 2 of my series “Beyond Numbers” — a tribute to all the CAs who don’t just work hard but care harder. If you want to be the professional clients never forget, not because of what you filed ...

Kerala High Court has quashed demands for late fees levied under of the Income Tax Act, 1961, for the period between 2012-13 and 2014-15, ruling that the provision for levying such fees through ...

The ITAT, in its decision, acknowledged the additional ground, citing the Supreme Court’s ruling in National Thermal Power Co. Limited -vs.- CIT (229 ITR 383 SC), which permits the agitation of new ...

Calcutta High Court has dismissed an appeal filed by the revenue challenging an order from the Income Tax Appellate Tribunal (ITAT) which deleted an addition of Rs. 10,60,50,000/- made under Section ...

This appeal by the revenue filed under Section 260A of the Income Tax Act, 1961 (the Act) is directed against the order dated 10 th November, 2022, passed by the Income Tax Appellate Tribunal, ‘A’ ...

Calcutta High Court has dismissed an appeal filed by the revenue, challenging an order from the Income Tax Appellate Tribunal (ITAT) concerning an assessment for the financial year 2012-13. The case, ...

Applying the same principle, the Rajasthan High Court concluded that the present writ was not maintainable. It reiterated that writ jurisdiction cannot substitute for a statutory appeal, especially ...

Section 143 (2) of the Income Tax Act, 1961. The notice for limited scrutiny specifically identified four areas for examination: receipt of large foreign remittances, mismatch in payments to related ...

A pivotal additional ground of appeal was raised by the assessee’s counsel: that the assessment order, dated December 19, 2019, was beyond the jurisdiction of the AO. The original limited scrutiny, ...