The notification specifically states that in Appendix-II of the existing rules, FORM ITR-5 will be replaced with a new form. This change is made in exercise of the powers conferred by section 139 read ...

The case involved Ramesh Agency challenging an assessment order dated December 20, 2023. According to the petitioner, a show cause notice (SCN) in form DRC-01 was issued on September 28, 2023, which ...

The e-way bill (EWB) mechanism is a pivotal element in the GST regime, designed to track the movement of goods and curb tax evasion. While it has simplified ...

When an entity’s classification changes (e.g., moving from Level III to Level II), the new level’s requirements apply from the beginning of the accounting period. However, financial figures for the ...

Addressing the issue of the notice under Section 143 (2), the hospital highlighted that on October 26, 2015, it only submitted a copy of the e-filing acknowledgment of its return, which was originally ...

Delhi, has granted relief to a 66-year-old senior citizen, Mukul Rani Thakur, by invalidating an assessment order for the Assessment Year 2021-22. The tribunal found that the assessment, pertaining to ...

Per contra, Dept relied on the decision of Goetze (India) Ltd. vs. CIT (2006) 284 ITR 323 (SC) and stated that no new claim cannot be entertained by AO without a revised return.

Section 6 of the CGST Act, dealing with the cross-empowerment of central and state tax authorities, has been the subject of extensive interpretation through case laws, circulars, and notifications.

Central Board of Indirect Taxes and Customs (CBIC) issued Instruction No. 04/2025-GST on May 2, 2025, detailing a grievance redressal mechanism for applicants facing issues with Goods and Services Tax ...

2 Stock brokers proposing to undertake securities market related activities in GIFT-IFSC are permitted to do so under a Separate Business Unit (SBU) of the stock broking entity itself. These ...

Vaddi argued that the foreign taxes paid in the USA were genuine and undisputed, and the delay in filing Form 67 was a ...

Ambika Brass Products had challenged orders from the Deputy Commissioner of Commercial Tax (First Appellate Authority) for ...