CBDT mandates foreign assets data in AIS and Form 26AS

ITAT Hyderabad Deletes ₹14.16 Crore Addition

ITAT Hyderabad Deletes ₹14.16 Crore Addition In a landmark judgment that provides significant relief to[…]

Guide to Section 69C and alleged bogus purchases tax law

Impact of Finance Act 2023 on Angel Tax and Rule 11UA

Impact of Finance Act 2023 on Angel Tax and Rule 11UA The landscape of startup[…]

ITAT ruling on business expense allowed despite nil sales

Calcutta High Court Grants Relief: 7-Day Delay Cannot Defeat Carry Forward of Losses

Calcutta High Court Grants Relief: 7-Day Delay Cannot Defeat Carry Forward of Losses In a[…]

Madras High Court ruling on GST exemption and packaging visual similarity

GST Exemption on Similar Packaging and Brand Name Usage

GST Exemption on Similar Packaging and Brand Name Usage In the complex landscape of Goods[…]

Guide to GST ITC utilisation legal framework and practical challenges

ITC Utilisation: Legal Framework, Challenges & Practical Implications

ITC Utilisation: Legal Framework, Challenges & Practical Implications The Input Tax Credit (ITC) mechanism is[…]

GST portal advisory withdrawal and statutory ITC utilization sequence explained

GST Treatment of Food and Accommodation Bundling

GST Treatment of Food and Accommodation Bundling The hospitality industry is one of the most[…]

Guide to TDS on commission transition to Section 393

TDS on Commission: Transition from Section 194H to 393

TDS on Commission: Transition from Section 194H to 393 The landscape of Indian taxation is[…]

CERSAI portal interface for security interest registration and search

Guide to CERSAI: Role in India’s Secured Lending System

Guide to CERSAI: Role in India’s Secured Lending System The financial landscape in India has[…]

Legal limits of GST on Electricity Regulatory Commission fees

GST on Electricity Regulatory Commissions: Legal Limits

GST on Electricity Regulatory Commissions: Legal Limits The applicability of Goods and Services Tax (GST)[…]

Extended Deadline for Filing GSTAT Appeals under GST

Extended Deadline for Filing GSTAT Appeals under GST The long-awaited operationalization of the Goods and[…]

Delhi High Court order for Xiaomi 272 crore security deposit

Delhi HC Orders Xiaomi to Furnish ₹272 Crore SEP Security

Delhi HC Orders Xiaomi to Furnish ₹272 Crore SEP Security The Delhi High Court has[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

Capital vs Revenue Receipt: When Does Money Become Taxable?

Capital vs Revenue Receipt: When Does Money Become Taxable? In the world of income tax[…]

INR Borrowings by Residents from NRIs: 2026 FEMA Changes

INR Borrowings by Residents from NRIs: 2026 FEMA Changes The regulatory landscape for cross-border financial[…]

Rule 46(8): Mandatory Daily Backup of Digital Books in India

Rule 46(8): Mandatory Daily Backup of Digital Books In the evolving landscape of digital governance,[…]

Bombay HC Quashes GST Demand on Non-Existent Entities

Bombay HC Quashes GST Demand on Non-Existent Entities The legal landscape surrounding Goods and Services[…]

ESOP Taxation and Deferral Relief for Indian Startups

ESOP Taxation and Deferral Relief for Indian Startups Employee Stock Option Plans (ESOPs) have emerged[…]

GST Refunds: Overriding Limitation Rules for Vested Rights

GST Refunds: Overriding Limitation Rules for Vested Rights The landscape of Goods and Services Tax[…]

Section 2(47)(v) Income Tax Act: Possession and Capital Gains Year of Transfer

Section 2(47)(v) Capital Gains: Determining the Year of Transfer in Property Transactions Determining the exact[…]

ESOP Tax Relief for Employees of Startup Registered Companies

ESOP Tax Relief for Employees of Startup Registered Companies Employee Stock Option Plans (ESOPs) have[…]

Form DPT-3 : Company and Director penalized for non-filing

ROC Penalty on Digilogic Systems for Non-Filing of One-Time Form DPT-3: A Lesson in MCA[…]

ITAT ruling on Section 148 income tax penalty concealment

Bombay HC: Only Profit Element Taxable on Bogus Purchases, Not Entire Amount

Bogus Purchases: Understanding the Bombay High Court’s Landmark Ruling on Taxable Profit Elements In the[…]

ITR-4 Sugam: Mandatory Investment Disclosure for Presumptive Tax Filers

Significant Changes in ITR-4 Sugam: Mandatory Investment Disclosure for Presumptive Tax Filers for FY 2025-26[…]

Taxation of Agricultural Land Classification and Capital Asset Status

Is Your Land Truly a Capital Asset? Understanding the Exemption of Agricultural Land In the[…]

CERSAI portal interface for security interest registration and search

MSME Form 1 Filing: Due Dates, Applicability, and Compliance Guide

Mastering Form MSME-1: A Comprehensive Guide for Companies and Practitioners In an effort to strengthen[…]

Guide for ITR filing for salaried taxpayers in AY 2026-27

Assessment Invalid if Material Not Shared or Cross-Examination Denied: ITAT Mumbai Reaffirms Natural Justice Rule

No Cross-Examination, No Case: ITAT Mumbai Reaffirms Principles of Natural Justice In a landmark ruling[…]

Complete Guide to TAN Forms 134 and 135: Features and Benefits

The Evolution of TAN Registration: Transitioning from Form 49B to Forms 134 and 135 In[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

ITAT Remands Rs 1.57 Cr NRE Deposit Addition for Proper Evidence Examination

ITAT Overturns ₹1.57 Crore Addition: The Critical Role of NRE Account Evidence in Income Tax[…]

Guide to Section 69C and alleged bogus purchases tax law

Taxability of Bogus Purchases: ITAT Ruling on Profit Elements and Evidence

Bogus Purchase Allegations Collapse Without Evidence: Insights from ITAT Nagpur In the evolving landscape of[…]

Budget 2026: 10% Deposit for Stay of Demand Analysis & Strategy

10% Deposit for Stay of Demand in Budget 2026: A Comprehensive Analysis and Strategic Roadmap[…]

CBDT guidelines for compulsory scrutiny of ITRs FY 2026-27

Understanding Section 10(10D) Tax Exemption on LIC Maturity: ITAT Ruling and Eligibility Rules

Understanding Section 10(10D): Why High-Premium Life Insurance Might Lose Its Tax Exemption For most Indian[…]