It is to be noted that interest will be calculated on the amount of input tax credit which is wrongly availed and utilized.

As per Explanation 2 to Section 37 (1) of the Income-tax Act, any expenditure incurred by an assessee on the activities ...

TDS concept: TDS stand for Tax Deducted at Source. It is an amount deducted by the payer at the time of payment such as ...

ITAT Nagpur held that addition under section 69A of the Income Tax Act towards unexplained money not tenable in absence of ...

“Between January 2021 and now (June 12, 2024), Karnataka has lost 35 elephants to electrocution. Out of these, 12 cases were ...

Krishna, whenever tense situation escalates between India and Pakistan, Investors had noticed that equity market starts to ...

Uttarakhand High Court held that order is invalid since the same is passed invoking the provisions of rule 96 (10) of the ...

While Prisoners Have Right To Education, It Must Be Resorted To Remedies Available Under The Prison Rules: Kerala HC ...

The execution of the sale deed and handover of possession occurred on 30.12.2010, and stamp duty was paid on the same date. However, the registration of the deeds took place on 27.04.2011. The AO ...

Mr. Pathak’s application specifically targeted observations in the High Court’s order dated August 28, 2018, which suggested that the cost imposed on the State for filing “whimsical” criminal cases ...

The case involved Jai Optical, a business formerly engaged in the trading of optical items. The proprietor stated that the business ceased operations in 2022, and its GST registration was subsequently ...

Additionally, it underscores the importance of a strong dispute resolution mechanism in settling tax disputes and restoring taxpayer confidence in the GST ecosystem. By examining the structure, ...