A unified front of professional bodies, including the Institute of Chartered Accountants of India (ICAI), is amplifying calls for an extension of the tax audit ...

CESTAT Hyderabad ruled that depreciation on capital goods under EOU scheme is admissible only until date of de-bonding, not ...

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

The Rajasthan High Court orders the refund of Rs. 24 lakh collected during a search, citing no valid demand. The court also ...

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

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

A summary of Non-Convertible Debentures (NCDs) as a corporate financing tool, detailing the process for private placement, regulatory compliance, and key ...

The CESTAT ruled that a service tax demand cannot be based solely on income declared during an income tax survey without corroborating evidence of taxable ...

The ICAI addresses the CBIC on legal and practical issues with a new circular assigning all-India jurisdiction for GST appeals, requesting policy changes and portal ...

The ITAT Bangalore has remanded the transfer pricing case of Andante Foods LLP, directing the firm to provide audited financials of its foreign subsidiary to justify its selection as a tested ...

The Calcutta High Court has set aside a 200% GST penalty on a business for an expired e-way bill, ruling the tax authority failed to prove an intent to evade ...

Agra Bench ruled that an appeal cannot be dismissed under Section 249(4)(b) for non-payment of advance tax if the assessee's income is below the taxable ...