4. Since the source of cash deposits is said to be sale of gas cylinders to its customers, the Assessing Officer is hereby directed to obtain detailed information related to cash received from the ...

Reference has been received in the Board on the aspect of allowable limits of quantity of agarwood product that can be taken ...

GST Case Law Compendium reviews significant judicial pronouncements impacting taxpayers and tax administration. Recent court ...

FI Foundation had initially been granted provisional registration under Section 80G on August 24, 2023. Subsequently, the trust applied for final registration in Form 10AB on September 4, 2023. The ...

The IBBI initiated an inquiry after receiving information suggesting Mr. Singhal had entered into a lease agreement addendum concerning a factory owned by the corporate debtor (CD) without obtaining ...

Section 168 of the Income Tax Act, 1961 explains the taxation of executors: Section 168 (1) Subject as hereinafter provided, the income of the estate of a deceased person shall be chargeable to tax in ...

In the stock market, many people can lose their money if they are not careful and are unaware of spreading scam tactics. Let’s understand some of the common scams explained in a way anyone can relate ...

With reference to NPCI circular NPC1/UPI/OC No. 101/2020-21 dated on 21St February 2021, NPCI has mandated ultimate beneficiary is to be showcased in UPI transaction. This shall be displayed on the ...

Submitting incomplete or wrong documents is one of the most common mistakes for rejection. An corporation ought to be registered below Section 12A before applying for 80G (five) Registration. Without ...

Bangalore dealt with the issue of a penalty imposed under Section 271D of the Income Tax Act for cash loans totaling ₹38.7 lakh received by the assessee during the Assessment Year 2010–11. The ...

Introduction Strikes have historically been a powerful tool for workers to voice their demands and challenge existing labour conditions. In India, where the ...

Allahabad High Court held that cancellation of GST registration without following condition prescribed under Rule 21 of GST Rules merely on the bass of reflection of HSN/SAC Code in registration ...