ITAT Agra rules AO's failure to verify source of Rs.20 lakh property investment makes assessment order erroneous, upholding ...

Following anti-corruption protests, Ms. Karki becomes Nepal's first female interim prime minister. Her new cabinet includes ...

Chandigarh ITAT held that CIT(A) has no power to set aside assessments passed u/s 143(3), as such power exists only for ex-parte orders u/s 144. Revenue’s appeal was allowed, and the case remanded for ...

ITAT Ahmedabad dismisses an income tax appeal, ruling that an entire cash payment for land could not be taxed as an unexplained ...

The Telangana High Court dismisses a writ petition challenging a GST order, citing the availability of a statutory appeal remedy and the expiration of the limitation ...

NCLT Cuttack held that application for initiation of Corporate Insolvency Resolution Process [CIRP] under section 7 of the ...

An analysis of Section 142 of the Income-tax Act, 1961, detailing the powers of the Assessing Officer, statutory limitations, and remedies available to ...

The Karnataka High Court has quashed a criminal case against a taxpayer, ruling that he was not responsible for tax evasion and fraudulent acts committed by his Chartered ...

Learn about the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), an incentive scheme to boost job creation and formal employment through ...

Examines India's anti-money laundering laws and the PMLA, highlighting weak conviction rates, broad enforcement powers, and the need for stronger compliance ...

CBIC Circular 251/08/2025 clarifies GST on post-sale discounts. Learn about ITC availability, taxability of discounts, and rules for promotional ...

The PFRDA introduces a Multiple Scheme Framework for NPS, allowing private sector subscribers to hold multiple pension schemes and diversify their retirement ...