Chennai ITAT rules that charitable trusts primarily offering medical relief are exempt from the 20% commercial receipt limit under Section 2(15) of the Income Tax ...

Mumbai ITAT rules that Hardship Compensation from developers in redevelopment projects is a capital receipt, not taxable income or dividend. It reduces asset cost for future capital ...

Mumbai ITAT declares "hardship compensation" received by flat owners during re-development as a non-taxable capital receipt, citing judicial ...

Chhattisgarh High Court rejects BPS Infrastructure's review petition, affirming limited scope of review jurisdiction; ...

The Gauhati High Court addresses a GST registration cancellation in Debasish Boruah vs. Union of India. This ruling outlines the process for restoration for assessees who failed to file returns, ...

ICAI mandates Auditor's Opinion for UDIN generation under GST & Tax Audit and Audit & Assurance categories. Information is ...

Supreme Court rules invoking Gangsters Act without organized crime evidence is abuse of law, quashing an FIR and warning against misuse of stringent ...

The ITAT Visakhapatnam has directed the Income Tax Officer to verify the source of a Rs. 24 lakh cash deposit made during demonetization by Tripuraneni Sarada ...

Madras High Court permits Jayar Enterprises to pay admitted income tax dues in six monthly installments, citing financial hardship, and directs appeal ...

Madras High Court removes 15% tax payment condition for a gas distributor, enabling fresh income tax assessment review after a missed notice due to email ...

ITAT Delhi rules Section 249(4)(b) inapplicable for Sangeet Kathuria's appeal dismissal, when no return was filed and no admitted income existed, remanding the case for fresh ...

Delhi High Court quashes demand order against Suryan Technologies, citing SCN upload to wrong portal tab and denial of hearing, while vires of notification remain before Supreme ...