The genesis of the dispute lies in the assessee’s failure to file a return of income despite significant cash deposits in his ...

II. RCM will not apply where cost of fuel is not included in consideration Cases where cost of fuel is not included in ...

ITAT Delhi held that loose papers cannot be considered as admissible evidence for making an addition unless backed by ...

The Delhi High Court has set aside a Goods and Service Tax (GST) demand order against M/s Jai Optical, observing that the GST ...

In the intricate landscape of Indian taxation, the concept of a Hindu Undivided Family (HUF) holds a significant position, offering a unique avenue for family wealth management and tax planning. An ...

Additionally, it underscores the importance of a strong dispute resolution mechanism in settling tax disputes and restoring taxpayer confidence in the GST ecosystem. By examining the structure, ...

Under the Companies Act, 2013, Corporate Social Responsibility (CSR) mandates certain companies to spend 2% of their average net profits on social and environmental initiatives like education, poverty ...

The principle of fiduciary duty has its basis in the theory of good faith. Between two individuals, one must safeguard the other’s interests, and if the former’s use of such a relationship generates ...

TDS concept: TDS stand for Tax Deducted at Source. It is an amount deducted by the payer at the time of payment such as salary, interest, professional fees, rent, commission, etc. The basis though is ...

Ultimately, it was at Pakistan’s request that a ceasefire was accepted when their Director General of Military Operations (DGMO) contacted his Indian counterpart. To accept this request while ...

The case came before the High Court in a writ petition challenging the penalty order dated May 1, 2018, and the subsequent appellate order of March 15, 2019, which had upheld the penalty. The central ...

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad bench, has directed the tax authorities to grant a cash refund of Countervailing Duty (CVD) and Special Additional Duty of ...