ITAT Mumbai held that where the entire foundation of reopening solely based on material found during the search of another person, the appropriate course of action is to proceed under Section 153C, ...

Only those who worked are eligible for CIRP costs. Provident, gratuity, and pension funds are excluded from liquidation ...

Explore coaching classes as a career, driven by demand for skilled professionals. Learn how educators contribute to student ...

Delhi ITAT sets aside a Section 263 revision after ruling the underlying reassessment order was void from the start. Reassessment initiated during active regular assessment period is ...

Learn about recent changes in long-term capital gains tax for individuals and HUFs selling land or buildings. The new rules, ...

Gujarat High Court rules against denying ITC refund for inverted duty structure based on application filing date. Circulars cannot retrospectively override statutory rights or create artificial ...

Understand the "Pari Delicto" doctrine in contract and tort law, meaning "in equal fault." Learn how it affects recovery in ...

Learn how new ITR business codes impact tax filing. Key additions include codes for influencers and traders. AI to boost ...

ITAT ruled DTAA exemption cannot be denied solely for non-availability of a Tax Residency Certificate (TRC). Circumstantial evidence can suffice, and DTAA prevails over domestic ...

Delhi ITAT nullifies an assessment, ruling that an Assessing Officer lacks jurisdiction without a valid Section 127 transfer order. Absence of the order makes proceedings invalid, affirming procedural ...

Himachal Pradesh High Court orders immediate refund of GST recovered prematurely, violating Section 78 of CGST Act. Court upholds taxpayer's right to appeal, directing rectification of administrative ...

Overview of insolvency resolution for non-corporate MSMEs, detailing current IBC provisions, the Pre-packaged Insolvency ...