IFSCA proposes 2025 Pension Fund Regulations to create a regulated retirement savings framework for NRIs and foreign citizens ...

IFSCA releases proposed Pension Fund Regulations 2025 for GIFT-IFSC, aiming to create a global forex pension hub for NRIs and ...

GSTAT upheld DGAP’s findings that residual ITC benefit of ₹3.55 lakh was passed on by contractor to IOCL, closing anti-profiteering proceedings under Section ...

The Karnataka High Court ruled that reassessment under Section 153A is invalid when no incriminating material is found during a search. The Court held that conversion of a firm into a company, ...

The Karnataka High Court quashed the entire chain of faceless reassessment proceedings, including Section 148A, Section 147, and penalty orders. The ruling was based on the reason that the notices ...

CBIC reports dismantling a cyber-fraud network using VoIP devices and seizing endangered Silvery Gibbons in trafficking. Indian official elected as WCO GIIS Vice ...

Rule 14A simplifies GST registration for low-risk B2B suppliers (tax liability ≤ ₹2.5 lakh/month). Get 3-day auto-approval via Aadhaar authentication; mandatory withdrawal using REG-32 if limit ...

Despite a significant delay, the ITAT Pune condoned the delay in filing the appeal, citing a justice-oriented approach and the assessee's later knowledge of the ₹25 Lakh leave encashment exemption ...

ITAT quashed a reassessment, ruling that S 148 notice was invalid because it was issued before AO formally received mandatory ...

ITAT Mumbai ruled that relief under the first proviso to Section 201(1) is available if Form 26A certifying the deductee’s tax payment is furnished. As the buyer obtained the certificate post-appeal, ...

GST registration is mandatory for businesses exceeding Rs.20/40 Lakhs turnover. Learn about compulsory registration for RCM, e-commerce, and inter-state suppliers, penalties for non-compliance, and ...

Tribunal observed that AO accepted returned income without any independent examination or inquiry. As major issues like estimation of profit in liquor trade and tax audit requirements were ignored, ...