Considering these legal provisions, the AAR concluded that the GST Act does not permit a ruling on the taxability of ...

The applicant sought a ruling on the GST applicability of renting out their immovable property to the State Government for ...

Since the scale attracts the highest GST rate of 18%, the AAR ruled that the entire Geometry Compass Box supplied by Amardeep ...

ITAT Hyderabad held that re-assessment under section 148 merely based on borrowed satisfaction, without any independent ...

NCLAT Delhi held that failure of reconciliation of accounts qualifies as pre-existing dispute. Thus, order admitting ...

The case originated with the assessee filing their return of income on February 28, 2015, declaring a total income of ₹1,08,58,460. The initial assessment under Section 143 (3) of the Act, completed ...

The High Court emphasized that upon receiving such complaints of illegal seizure, the Customs department has a responsibility to immediately preserve relevant CCTV footage, given its limited ...

Instead of focusing on the alleged cash deposits, the ITO claimed that there was an excess of income over expenditure and undisclosed bank credits, leading to an alleged escapement of income. The ...

In the Delhi High Court case Shreya Jain Vs Gaurav Tanwar, the petitioner challenged an income tax reassessment for the assessment year 2018-19. The dispute arose from a notice issued under Section ...

Tax Deducted at Source (TDS) credit despite failing to claim it in their income tax return. The assessee had not included the TDS credit in their return, though it was reflected in their audited ...

The ITAT also noted that the AO had disregarded the assessee’s explanations and supporting documents, such as bank statements and books of accounts, regarding the source of cash deposits. The AO had ...

In conclusion, the SEBI (PIT) Regulations, 2015 represent a vital step toward protecting investor interests and improving the credibility of Indian financial markets. Continuous improvements, ...