In a significant boost to India’s startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for income tax exemption under the revamped Section ...

RWA/builder are entitled to take ITC of GST paid by them on capital goods (generators, water pumps, lawn furniture etc.), goods (taps, pipes, other sanitary/hardware fillings etc.) and input services ...

ITAT Mumbai held that the cash deposited is out of the gross receipts and that once gross receipts are disputed then no addition is sustainable under section 68 of the Income Tax Act. Accordingly, ...

Subject: Immediate action needed: Sale of Pakistani flags and merchandise on E-commerce platforms amidst Operation Sindoor I write to express my deep concern over a matter that strikes at the very ...

In the dynamic landscape of GST compliance, credit notes have often been a convenient tool for businesses to adjust prices, settle post-sale discounts, and correct billing errors. But what was once a ...

BEFORE THE EXECUTIVE DIRECTOR AND FIRST APPELLATE AUTHORITY INSOLVENCY AND BANKRUPTCY BOARD OF INDIA 7th Floor, Mayur Bhawan, Shankar Market, Connaught Circus, New Delhi -110001 Dated: 14th May 2025 ...

Gujarat, has imposed a penalty on Neptune Petrochemicals Limited for non-compliance with Section 29 of the Companies Act, ...

CIT(A)] after identifying a significant factual error in the first appellate authority’s order. The CIT(A) had mistakenly treated the private limited company as a cooperative society, applying ...

Visakhapatnam bench, has dismissed an appeal by the Revenue against an order that deleted an addition of ₹2.85 crores to the ...

Supreme Court held that a married daughter may be considered a legal representative, but, she will not be eligible for loss of dependency compensation unless it is proven by the daughter that she was ...

ITAT Bangalore held that delay of 38 days caused due to mistaken belief of Chartered Accountant (CA) is a sufficient cause and hence condonable. Accordingly, delay condoned and appeal to be decided on ...

The NCLAT observed that permitting the financial creditor to change the date of default at that stage effectively nullified the corporate debtor’s pending application, which specifically disputed the ...