Hyderabad ITAT set aside a CIT(A) order, deleting an addition for cash deposits during the demonetisation period because the ...

Real estate is a superior long-term investment compared to gold and silver due to its potential for steady rental income, capital appreciation, tax efficiency, and strong financial leverage through ...

The Appellate Tribunal held that an attempted foreign exchange transaction is not a contravention under FEMA Section 3(d), as the Act requires an actual financial transaction. The Tribunal dismissed ...

Traditional schooling's 19th-century model often fails to teach essential life skills like finance, communication, and adaptability. A shift to a vocational and practical learning system, focusing on ...

Effective November 1, 2025, CBIC's Fourth Amendment Rules introduce automated GST registration (Rule 9A) within three days using risk-based data analysis. Rule 14A offers a simplified, optional ...

ITAT Mumbai held that a penalty under Section 271(1)(c) was premature when the related quantum appeal was still pending, remitting the matter back for fresh ...

Supreme Court rulings in Wipro and Shriram Investments mandate strict adherence to return filing deadlines: fresh claims/withdrawals of exemptions (like Sec 10B) via revised returns filed after the ...

PPT provisions inapplicable in absence of separate notification incorporating MLI provisions into India-Ireland tax treaty Background The Mumbai ITAT in Sky ...

October 2025's GST return is the final window for crucial adjustments for FY 2024-25, including claiming pending ITC, reconciling GSTR-2B, issuing credit notes, and making classification ...

Discover the 8 key mental skills top auditors use: remembering patterns, understanding the business story, connecting financial data, 360-degree thinking, mental math, reasonableness testing, ...

The ITAT Mumbai dismissed appeals under the Black Money Act as withdrawn after the assessee received full relief from the CIT(A), who deleted the additions on the merits of beneficial ownership. Since ...

NCLAT Delhi held that appellant doesn’t qualify as a Financial Creditor since appellant has failed to discharge the burden of proving any disbursement as defined under Section 5(8)(f) of the ...