Another tax benefit you get after buying a term insurance plan is that the insured amount your family receives is tax-free ...

As per the advisory issued by GSTN on Sep 3rd, 2024, GSTR-2B will not be generated for Month M-1 and M-2 for QRMP taxpayer.

Section 134 (8):- “If a company is in default in complying with the provisions of this section, the company shall be liable ...

Under Section 137 of the Companies Act, 2013, companies are required to file their financial statements within 30 days of the ...

The penalty is based on the default period, and the total amount of Rs. 1,64,800 includes penalties for both the company and ...

2. Whereas, during the course of inquiry, it is observed that the financial statements filed for the financial years ended on ...

The Delhi High Court reviewed an appeal by the Revenue challenging an Income Tax Appellate Tribunal (ITAT) decision regarding the application of Section 153C of the Income Tax Act to searches ...

Upon review, ITAT noted that the CIT (A)’s order lacked substantive findings, labeling it a “non-speaking order” that did not adequately address the appellant’s arguments or provide details on ...

Chennai ruled in favor of the assessee, Chola Business Services, regarding the concessional tax rate under Section 115BAA of the Income-tax Act, 1961, for the Assessment Year (AY) 2021-22. The company ...

In the case of ITO vs. Greta Energy Limited, the Income Tax Appellate Tribunal (ITAT) Chennai dealt with cross-appeals arising from an assessment order issued by the Assessing Officer (AO) under ...

Delhi bench set aside an ex-parte assessment order after it was found that assessment notices were not served to the assessee. The assessee challenged an order by the Commissioner of Income Tax ...

This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi (hereinafter referred to as ‘the CIT (A)’) dated 26.12.2023, ...