The Tribunal found that the assessee’s audited accounts, finalized before demonetisation, clearly established sufficient cash ...

Discover why ULIPs offer better returns, flexibility, and dual benefits compared to tradition-al savings plans, making them ...

The case highlights concerns over an officer pressuring a CA to sign GST documents like an audit report and threatening ...

The import of unstudded platinum jewellery (HS 71131921) is now restricted until April 2026, requiring DGFT approval for ...

The IBBI proposes measures to enhance transparency, disclosure, and accountability in corporate insolvency resolution, including allottees’ inclusion and CoC ...

The appeal filed by the Revenue for AY 2019-20 was dismissed as the assessee submitted all relevant documents to the AO. Written submissions and VAT summaries are not additional ...

Since the CIT(E) had already accepted the assessed income by issuing Form 4 under the DTVSV Scheme, initiating revision later was held impermissible. Key takeaway: once settled under DTVSV, the ...

ITAT Chennai held that an appeal filed under the Black Money Act with a 5-day delay cannot be condoned without a notarised affidavit supporting the delay. The appeal was dismissed in limine, ...

ITAT Ahmedabad held that the AO had conducted detailed enquiries into long-term capital gains from penny stock transactions, and the PCIT’s revision under section 263 was based only on an audit ...

Women face unique health risks like maternity, hormonal changes, and female-specific ill-nesses. Tailored insurance ensures comprehensive coverage and financial protection throughout ...

ITAT Delhi held that the PCIT’s sanction under section 151 was granted before the AO recorded reasons to reopen the assessment, violating mandatory procedural requirements. As the jurisdictional ...

Assessments relying on third-party search material were struck down due to non-recording of satisfaction by AOs of both the searched party and the assessee. The Tribunal confirmed that 153A applies ...