The ITAT Chandigarh ruled that a co-purchaser of property is not liable to deduct TDS under Section 194-IA if their individual share is below ₹50 lakh, even if total consideration exceeds the limit.
The Tribunal held that use of surplus for land purchase in the society’s name reflects genuine educational intent. It rejected the view that recurring surplus amounts to profit motive and found the ...
ITAT Chandigarh ruled that CAD software with a short lifecycle and frequent upgrades qualifies as revenue expenditure, enabling full Section 80IC deduction. AO and CIT(A) orders were set ...
The order reiterates that mere unusual price movement or high returns do not convert a scrip into a penny stock. With identical facts earlier examined and accepted, the Tribunal followed precedent and ...
A practical guide on how India taxes imported digital services, explaining GST under RCM and when TDS applies. Key takeaway: Buyers, not sellers, bear compliance and potential extra ...
A clear breakdown of mandatory financial details—assets, liabilities, and income—that candidates must disclose in nomination affidavits. Key takeaway: transparency is enforced to help voters make ...
A clear breakdown of how Rule 37A forces ITC reversal when suppliers fail to file GSTR-3B and what businesses must do to stay compliant. Key takeaway: ITC depends on supplier tax payment, not buyer ...
The circular introduces an ICEGATE 2.0 module for processing MOOWR and MOOSWR applications. It streamlines the Section 65 permission process, offering manuals and support channels for smooth ...
The 2025 rules allow foreign nationals to practice only in advisory and transactional roles, with no right of audience before Indian courts. The framework protects the exclusive litigation rights of ...
A comprehensive review explaining how outdated laws fail to address modern online abuse. Highlights the urgent need for a specialised statute defining offences, improving enforcement, and protecting ...
This notice highlights how incomplete documents lead to repeated queries and slower assessments. It mandates comprehensive uploading and linking of all required records to ensure faster clearance and ...
Madras High Court held that development charges paid to SIPCOT not being capital asset doesn’t qualify for the claim of depreciation. However, the same qualifies as revenue expense and assessee ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback