With informed planning and awareness of the available provisions, taxpayers can save a significant amount of LTCG tax on sale of agricultural land. Sections 54B, 54F, and 54EC are effective tools to ...

Under this notification, the import policy for these synthetic knitted fabrics is classified as “Restricted.” However, a provision allows for “Free” import if the Cost, Insurance, and Freight (CIF) ...

DGFT issued Trade Notice No. 03/2025-2026 dated 23rd April 2025, inviting feedback from stakeholders on proposed amendments to the Foreign Trade Policy (FTP) 2023. These amendments pertain to the ...

1. This has reference to the IFSCA circular no. IFSCA-DTFA/1/2025 dated April 08, 2025 (hereinafter referred to as the “Fee Circular”), which, inter-alia, provides the fee structure for the entities ...

GST के मामलों में उलझना अक्सर एक मुश्किल काम जैसा लगता है, खासकर जब आपको Show Cause Notice (SCN) मिलने लगें। एक सवाल जो अक्सर उठता है, वो ये है कि क्या GST विभाग एक ही वित्तीय वर्ष के लिए कई SCN भेज स ...

It was submitted that the reasons recorded for reopening were mechanical and identical across years, sometimes even referring to incorrect assessment years. On appeal. It was held that CIT (A) passed ...

ITAT Ahmedabad held that addition u/s. 68 of the Income Tax Act towards capital contribution deleted since assessee furnished adequate evidence to prove the identity, genuineness and creditworthiness ...

CESTAT Delhi held that a Certificate issued by a Chartered Accountant, therefore, cannot be lightly brushed aside without there being any cogent evidence to the contrary. Thus, order directing refund ...

NCLAT Delhi held that granting waiver u/s. 244 (1) (b) of the Companies Act, 2013 justified in a petition alleging oppression and mismanagement in the Calcutta Cricket & Football Club. Accordingly, ...

The Allahabad High Court addressed a petition filed by Laskin Engineering Pvt Ltd challenging an order passed by the Deputy Commissioner, Commercial Tax Department, Sikandrabad, Bulandshahar, under ...

ITAT Bangalore held that provisions of section 115JB of the Income Tax Act cannot be applied to assessee bank and consequently the tax on book profits (MAT) are not applicable to assessee bank.

1. The Appellant has filed the present Appeal dated 7th March 2025, challenging the communication of the Respondent, filed under the Right to Information Act (RTI Act). As the Appeal required a ...