Consequently, taxpayers may be unable to discharge their GST liability by the due date, although they usually make the payment — along with applicable interest and late fee — before the end of the ...

Here’s a summary of the key changes in the new ITR forms for Assessment Year 2025-2026:ITR 1.The new rules allow the taxpayer to report capital gain from long term capital gain from listed shares and ...

Mumbai: In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) has held that surcharge is not leviable on the income of a private trust if the total income is below ₹50 lakh.

A Gujarat-based company providing warranty services for a German manufacturer has been denied Input Tax Credit (ITC) on ...

Gujarat Authority for Advance Ruling (AAR) has refused to issue a ruling on a question concerning the restriction of Input ...

Regarding the other capital goods like rails and electrification for the crane, the AAR ruled that once these items are ...

The Telangana AAAR, in Order-in-Appeal No. AAAR/03-2025 held as under: ...

ITAT Mumbai held that mere non-appearance of directors is no basis for invoking provisions of section 68 of the Income Tax Act. Accordingly, addition towards share application money and share premium ...

Madras High Court held that writ against assessment orders issued under section 153C of the Income Tax Act is dismissed existence of alternative remedy. Accordingly, writ petition dismissed and ...

Madras High Court held that in absence of suppression of facts, wilful misstatement or fraud, notice issued u/s. 74 of the CGST Act shall be deemed as notices and orders passed u/s. 73 of the CGST Act ...

Rajasthan, in the case of In re Kamal Coachworks Pvt Ltd, has highlighted a difference in interpretation regarding the Goods ...

This led to show cause notices and the aforementioned Commissioner’s order dated 8.8.2019, which rejected transaction values for earlier imports, ordered confiscation, and imposed penalties. However, ...