The Finance Bill, 2025, has raised the rebate limit under Section 87A to ₹12 lakh under the New Tax Regime. However, a ...

Pvt. Ltd Annual Filing is a critical compliance requirement that needs correct documentation and well-timed submission.

Summary: Income Tax Bill 2025 was introduced in Parliament on February 13, 2025, as announced by Finance Minister Smt.

Release of Memorandum to include “Cost Accountant” in the Definition of “Accountant” under Section 515 (3) (b) of the ...

Ahmedabad has set aside the assessment order against Keyur Rajeshbhai Agrawal concerning cash deposits of ₹1.58 crore made during the demonetization period. The case arose when the Assessing Officer ...

The appeal filed by the assessee is against the order passed by the Ld. Commissioner of Income Tax (Appeals), (in short “Ld. CIT (A)”), National Faceless Appeal Centre (in short “NFAC”), Delhi on ...

Ahmedabad dismissed the Revenue’s appeal in the case of ACIT vs. Kiri Industries Ltd. for the Assessment Year 2016-17, affirming the Commissioner of Income Tax (Appeals) [CIT(A)]’s decision to allow ...

At the very outset, this brief, brilliant, bold and balanced oral judgment authored by the Single Judge Bench comprising of Hon’ble Mr Justice Anil Kumar Sinha of Patna High Court sets the ball in ...

DCIT, ruled in favor of the assessee regarding the deduction under Section 80IC of the Income Tax Act, 1961. The appeal pertained to the assessment year 2018-19, where the tax authorities denied the ...

Raam Autobahn India Private Limited Vs Assistant Commissioner and Others (Andhra Pradesh High Court) Summary: The Andhra Pradesh High Court, in Raam Autobahn India (P.) Ltd. v. As ...

Capital gains from the debt mutual funds purchased before 01.04.2023 that were previously taxed as long-term capital gains at ...

Krishna: Indeed, Parth! Sometimes, these legislative amendments benefit the taxpayers, and at other times, they do not. However, when interpreting tax laws, courts must not merely rely on the wording ...