Beginning on Sept. 30, 2025, paper tax refund checks will be phased out of use, as required by Executive Order 14247. This change is the first step in the IRS and the U.S Department of the Treasury’s ...
Section 16(2)(c) of the CGST Act makes Input Tax Credit (ITC) conditional on the supplier actually paying the tax to the government. Judicial precedents from High Courts emphasize that a buyer’s bona ...
GSTAT President mandates a staggered schedule for filing GST appeals to avoid portal overload. Timelines are based on the date the First Appellate or Revisional Authority order was ...
The ITAT set aside a penalty of ₹4.25 lakh levied under Section 271C for non-deduction of TDS. Citing the Supreme Court ruling in U.S. Technologies International Pvt. Ltd., the Tribunal held that ...
ITAT Delhi rules wife not liable to prove husband and sons' source of funds for property purchase. Addition of Rs.1.10 Cr u/s 69 quashed as family funds ...
GST Council eases concerns in fertilizer sector, aligning input tax rates with finished products, but ITC accumulation ...
The Tribunal held that an addition cannot be sustained on the basis of a PAN mismatch alone, especially when the assessee, an individual with no business activity, was wrongly linked to a corporate ...
ITAT Chandigarh condones a 364-day delay citing post-Covid health issues and relying on SC precedents (Katiji, N. Balakrishnan). The Tribunal upholds the reassessment but deletes the Rs.20.45 lakh ...
ITAT Hyderabad held that reasoning given by CIT(A) for deletion of addition made u/s. 69A of the Income Tax Act by Assessing Officer towards cash payment is contrary to material on record and cannot ...
NCLT Ahmedabad held that application u/s. 30(6) of IBC by Resolution Professional not admitted inspite of approval by the sole unsecured financial creditor since it is not in compliance with section ...
The Fujiwhara effect is making it difficult for forecasters to predict who could be affected by Hurricane Humberto or Invest 94L. What to know.
Borrowing by councils in Hertfordshire is now in excess of £1.77 billion, according to the latest available data.