ITAT Delhi nullifies reassessment and LTCG addition, emphasizing mandatory disposal of taxpayer objections and absence of concrete evidence in 'penny stock' ...

Mumbai ITAT allows Vanguard Total International Stock Index Fund to set off STT-paid losses against non-STT gains, citing ...

Mumbai ITAT allows Emerging Markets Index Fund to set off short-term capital losses against gains with differential tax rates, citing Section 70(2) and judicial ...

Delhi High Court defers ruling on GST deadline extension notifications, awaiting Supreme Court's decision amid conflicting High Court ...

CESTAT Chennai rules on service tax liability for TASMAC's bar license fees, affirming statutory function post-March 2013 and citing judicial ...

Punjab & Haryana High Court dismisses revenue appeals, quashing tax scrutiny assessment against Crystal Phosphates Ltd. due to non-compliance with binding CBDT instructions for case ...

A common point of confusion for millions of grocery store owners and other small retailers in India is whether they must include Harmonized System of Nomenclature (HSN) code when filing their GSTR-1 ...

Understand role of Form 10F for non-residents to claim Double Taxation Avoidance Agreement (DTAA) benefits and avoid higher withholding tax in ...

Explore legality of denying Input Tax Credit (ITC) to purchasers due to supplier non-compliance under GST. Learn from a landmark High Court ruling addressing buyer rights and responsibilities in GST ...

Allahabad HC quashes orders against R.T. Infotech, remanding ITC dispute where tax was paid but not deposited by supplier. Purchaser not liable for seller's ...

Input Tax Credit (ITC) is one of the core features of the Goods and Services Tax (GST) system in India. It allows registered taxpayers to reduce their tax liability by claiming credit for the GST paid ...

RBI Governor Sh. Sanjay Malhotra announced RBI monetary policy on 6 th June 2025: The various decisions taken in the meeting of Monetary Policy Committee are as follows. (RBI Monetary Policy- ...