Section 498A IPC – False Cases Create Suspicion Against Genuine Victims, Should Be Dealt With Strong Arm: Delhi HC ...

Sri V. Raghuraman, learned Senior Counsel and Amicus Curiae, along with the appellants’ counsel, presented a detailed ...

The Petitioner filed refund claims under the Scheme for the periods July–September 2021 and January–March 2022. While the ...

“1. That on the facts and circumstances of the case, the Learned Commissioner of Income Tax (Appeals) has erred in law and in facts in passing the order under section 250 of the Income tax act 1961 ...

Given the current scenario, the courts have been able to bring both i.e. justice and relief to the taxpayers by allowing the refund. However, what remains unaddressed is that legality of such refunds ...

Delhi has set aside an assessment order against A.K. Lumbers Ltd., which had added over Rs. 93 lakh for alleged bogus sales and commission. The Tribunal found the reassessment proceedings initiated by ...

Section 194S mandates deduction of Tax Deducted at Source (TDS) at the rate of 1% on any payment made for the transfer of a virtual digital asset (VDA) to a resident. Payment is made in cash or kind.

The ITAT Ahmedabad, in the case of Shakuntala Balvantray Trust Vs ITO, addressed the tax rate applicable to a private discretionary trust established by a will. The assessee, a trust created by late ...

In view of the orders passed by the Tribunal, the learned Advocate pleaded that the allegations levelled against by the Department that the appellants have not discharged service tax on bunker/fuel ...

India Implements Comprehensive Tax Framework for Virtual Digital Assets : India has established a formal taxation framework for Virtual Digital Assets (VDAs) like cryptocurrencies and NFTs through the ...

Where the issuer is required to seek shareholders’ approval for capitalisation of profits or reserves for making the bonus issue, the bonus issue shall be implemented within two months from the date ...

The Delhi High Court, in the case of KEI Industries Limited Vs Union of India & Ors., addressed the valuation of cross-charges between distinct entities under GST, specifically concerning expenses ...