Conclusion: Whenever, the GST has been paid by using Form GST PMT-06, the tax liability will be discharged to that extent.

A practicing Chartered Accountant shall not accept, in a financial year, more than “60” tax audit assignments under Section ...

Chhattisgarh High Court on Summary Assessment of Debatable Tax Issues; Tax Disallowance on Debatable PF/ESI Deposits Set ...

Delhi bench, a dispute between the Income Tax Department and the Basanti Devi trust regarding the taxability of funds received by the trust in Assessment Year 2002-03 has been settled in favor of the ...

The case arose after the Assessing Officer (AO) denied the trust’s claim for exemption under Section 11 for the aforementioned assessment years. The primary reason for the denial was the absence of ...

The Supreme Court of India has declined to interfere with a Bombay High Court decision in the case of Nusli N. Wadia against the Assistant Commissioner of Income Tax (ACIT), related to a notice issued ...

Physical stay is a key requirement for foreign nationals (excluding OCIs) seeking to acquire immovable property in India. The individual must have been physically present in India for more than 182 ...

ITAT Delhi held that incentives in the form of excise duty refund, sales tax remission, sales/ VAT input tax refund received ...

The CAAR Mumbai examined the nature of the products and the manufacturing process described by the applicant. In evaluating ...

The Ministry of Corporate Affairs (MCA) issued a notification on May 7, 2025, enacting the Companies (Indian Accounting ...

Thereafter, the Petitioner applied for a fresh GST registration and another certificate of registration on March 24, 2018 in ...

ITAT Rajkot held that the reassessment notice under section 148 of the Income Tax Act has been issued without obtaining the ...