The notification grants scientific research approval enabling donors to claim tax deductions under Section 35. It mandates ...

GSTAT issued instructions mandating submission of SCN, OIO, OIA, and appeal grounds in APL-05. It held that incomplete documentation may lead to defects unless properly justified. The ruling ensures ...

The reform addresses fraudulent activities in cooperative societies by introducing stricter governance and audit mechanisms. It ensures transparency, accountability, and early fraud ...

A generalized denial without explanation was contested as contrary to Sections 3 and 7(1) of the RTI Act. The applicant emphasized that authorities must provide justified and detailed responses. The ...

ITAT upheld addition under Section 68 as the assessee failed to prove identity, creditworthiness, and genuineness of ...

The Revenue challenged allowance of bad debts due to lack of NCLT evidence. The Tribunal held that post-amendment law ...

The Central Board of Indirect Taxes and Customs (CBIC) issued Instruction No. 02/2026-Customs dated 19th March 2026 regarding duty drawback on export of unlocked mobile handsets by merchant exporters.

Allahabad HC Advises Judicial Magistrates In UP To Make A Reference For Initiating Contempt of Court Proceedings If They Face Any Intimidation From Police Officers It is a matter of great respite that ...

Why DRC-03 Payment Is Not Automatically Considered and How DRC-03A Regularises It. 1. Introduction. The GSTN advisory dated 14.03.2 ...

The classification depends on whether there is actual crypto transfer. Cash-settled trades are generally treated as speculative business, not VDA ...

The guide explains how property taxes, rental income, and capital gains apply at different stages of ownership. It highlights key deductions and planning strategies to reduce tax ...

The Tribunal ruled that incorrect invocation of Section 69A does not invalidate the addition. Since the loan was found to be an accommodation entry, it was sustained under Section 68. The decision ...