A term insurance plan is one of the most essential financial tools that ensure financial security for your family in case of ...

It is definitely most refreshing, most reassuring and so also certainly most reinvigorating to learn that while striking the right chord, the Punjab and ...

This opinion seeks to clarify the applicable indirect tax implications and refund eligibility in case of export of cigarettes under the GST regime, specifically under: – Case 1: Export without payment ...

ITAT Raipur held that due to non-response for assessee if addition of income is done as Form 26AS then obviously TDS credit ...

Both the appeals pertain to different assessees and arise against different orders of the Commissioner of Income Tax (Appeals ...

India has seen a significant number of insider trading cases, with a steady increase in their frequency. The Securities and Exchange Board of India (SEBI) has undertaken significant efforts in its ...

These large CA firms control a large network of chartered accountants worldwide using technology and artificial intelligence extensively. Today’s era is the era of artificial intelligence, which has ...

Surat considered whether a penalty under Section 272A(1)(d) of the Income Tax Act, 1961, could be levied for each instance of non-compliance with notices issued during assessment proceedings. The ...

Tax loss harvesting is a powerful tool to reduce your tax burden legally and smartly. With the correct understanding and timely execution, it can significantly enhance your post-tax returns. As we ...

The ITAT also noted that since these deposits were not recorded in the regular books of accounts, the provisions of Section 68 of the Income-tax Act (relating to unexplained cash credits) could not be ...

ITAT Delhi held that addition merely on the basis of entries found in the seized diary without any corroborative evidence and without any independent enquiry by AO is not sustainable. Accordingly, ...

Kolkata bench of the Income Tax Appellate Tribunal (ITAT) deleted a ₹1 crore penalty imposed under Section 271E on Sunil Kumar Kundu for alleged violation of Section 269T of the Income Tax Act. The ...