Tribunal upheld disallowance of Section 54F exemption after the assessee failed to prove ownership of the residential property. The ruling confirms that deduction requires clear evidence of ...

Tribunal quashed reopening under Section 147 where AO’s presumption of non-filing contradicted the documented return, citing Deepak Wadhwa ...

GSTN has released updates on return filing deadlines, import details in IMS, simplified registration, and mandatory bank ...

Analyze the ITAT Delhi ruling on whether Section 115BAA applies to long-term capital gains, and understand why special LTCG rates under Sections 112/112A remain ...

Explore the methods forensic auditors use to detect financial fraud, from red flags to data analytics, and their critical role in protecting investors and ...

B, 2A, and books differ, how mismatches occur, and the steps founders must take to claim ITC correctly and stay ...

The Tribunal held that reassessment under Sections 147/143(3) is invalid without a Section 143(2) notice. It ruled that using the return filed under Section 148 triggers the mandatory ...

The Tribunal ruled that once the assessee responds to a 148A(b) notice, the AO must complete the 148A(d)–148 cycle within the remaining time. In this case, the notice overshot the surviving limitation ...

The appellate authority’s reliance on an overwriting-ridden postal report was rejected. The Court found no valid proof of service and restored the appeal for reconsideration. e Court held that the GST ...

ROC held that company failed to file financial statements for FY 2021-22 and imposed penalties on entity and its directors.

ITAT Delhi held that assessments under section 153C are invalid if the AO of the searched person fails to record a mandatory satisfaction note, emphasizing jurisdictional ...

The proposed Bill promises shorter timelines and streamlined CIRP procedures, enabling homebuyers to recover invested amounts sooner and reduce project ...