ITC availed on inputs used in the manufacture of finished goods that subsequently got destroyed, must be reversed: Telangana ...

Explanation: The traffic-in-transit route via rail through Raxaul would be as per Treaty of Transit between India and Nepal ...

Immovable Property: If any immovable property is received without consideration and the stamp duty value (‘SDV’) exceeds ...

Expediency and Deceit of the American politics Can President Donald Trump and American administration be trusted? American poet, critic, editor, and diplomat James Russel Lowell said, “All truth is ...

One of the top trading mistakes to avoid is treating margin trades like long-term investments. They’re not. Let’s be real, ...

The ‘on money’ gets surfaced during search and surveys in the form of loose sheets, chits, diaries, whatsapp chats, ...

Premiums paid for critical illness, surgical care, or similar covers are eligible for deductions up to ₹25000 under Section ...

TIS is a summary version of the AIS. So, if your AIS and TIS show something you didn’t include in your ITR, it could trigger a notice. Here’s the thing — many taxpayers don’t even check their AIS and ...

While expressing its fuming anger at the most horrific incident which demonstrated complete naked gross misuse of power which shook the entire nation, the Punjab and Haryana High Court at Chandigarh ...

ITAT Ahmedabad held that addition invoking provisions of section 50C (2) of the Income Tax Act without referring the valuation of the capital asset to the valuation officer is not justifiable.

The 3 rd Amendment Regulation 2025 has taken efforts in incorporating certain provisions in Regulation 40B (mandates IRP & RP ...

One of the main reasons individuals like to apply for credit cards online is the convenience they provide. Instead of going ...