The Tribunal dismissed the rectification plea after holding that no mistake apparent on record was shown. It ruled that the ...

A detailed consultation has been launched to gather suggestions on improving rules governing foreign university campuses in ...

ITAT Chandigarh held that a Section 148 notice issued by the Jurisdictional AO instead of Faceless AO violated statutory provisions, quashing the assessment for AY ...

ITAT Chandigarh condoned an 87-day delay in filing an appeal where the assessee acted on genuine advice about CPC TDS rectification, emphasizing substantial justice over technical ...

The judgment confirms that bona fide purchasers remain eligible for ITC even if the seller fails to deposit tax. The Court held that action must be taken against the defaulting seller, not the genuine ...

The notification introduces Aggressive and Balanced Life Cycle Funds under NPS and UPS, offering higher equity exposure and age-based tapering to improve retirement planning ...

CBIC removes export duty on cane molasses and reduces basic customs duty on crude olive pomace oil through amendments to earlier customs ...

The High Court disposed of the appeal after noting that the Supreme Court had already directed opening of a common GST portal for filing TRAN-1 and TRAN-2. The earlier Single Judge order was rendered ...

Explains that HRA exemption is not permitted under the new tax regime and is fully taxable. Key takeaway: employees must compare regimes to avoid higher tax ...

RBI directs regulated entities to update their sanctions screening after two names are removed from the ISIL and Al-Qaida list, reinforcing mandatory UAPA ...

The guidelines clarify that relief measures will not be treated as restructuring and will not lead to asset-classification downgrade. They also require lenders to create additional provisions and ...

ITAT held that criminal and departmental actions against former office bearers justified the 204-day delay. Assessment was remanded because additions were made without examining ...