ITAT Pune remands ESOP tax dispute, citing AO/CIT(A) failure to verify year of acquisition and valuation errors, directing ...

Dismissing the plea of unawareness of portal notices, the Delhi High Court upheld that assessees must regularly check the GST portal. Yet, to uphold natural justice, it remanded the matter for ...

Section 148 of India's Companies Act mandates cost record maintenance (Form CRA-1) for companies in specified sectors with over Rs.35 Cr turnover. A cost audit is compulsory if turnovers exceed higher ...

New Income Tax Act, effective April 2026, simplifies law by reducing sections and introducing Tax Year. It features higher tax rebates, eliminates notional rent tax on two houses, and clarifies VDA ...

Though exempt from AGM, the AOC-4 deadline is 180 days from FY end (Sept 27th). MGT-7A is due 60 days from adopted accounts resolution (Nov ...

The appeal was initially filed with a significant delay of 458 days. The assessee, a firm, presented an affidavit by Smt. Jaishree Ashok Khatri, a partner and widow of the late managing partner, ...

The IFSCA’s TFMS allows global fund managers to operate in GIFT City under an existing Fund Management Entity (FME) license, reducing setup costs and boosting fund choices, governed by IFSCA (FME) ...

Punjab & Haryana High Court ruled that undertakings obtained under duress have no legal value, ordering counting of past service for pension and ...

Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...

ITAT Jabalpur upholds CIT(A)’s deletion of addition u/s 68; holds that mere reliance on Investigation Wing report without independent verification is ...

Tribunal ruled that AO cannot treat cash recorded in audited books as unexplained merely because deposits were made during demonetisation or in instalments. Additions u/s 69A were deleted as cash ...

GST rate cuts, mainly to , are set to lower costs by for UP's artisans and MSMEs. This supports million leather workers, ...