Judgement

Procedural delays in filing audit reports due to COVID-19 should not result in the denial of genuine charitable exemptions, rules ITAT.

ITAT Restores Charitable Exemption Claims and Deletes Section 271D Penalty for Educational Society

The Court noted that this amendment introduced by the Finance Act, 2022, was effective only from 01.04.2023 and could not be applied retrospectively to the 2018-19 assessment year.

Income Tax Amendment to Section 68 Cannot Be Applied Retrospectively: Gujarat HC

The Gujarat High Court dismissed the plea to convert a Section 74 CGST order into Section 73, holding that absence of documentary evidence bars such relief.

High Court Declines Conversion of Section 74 Proceedings to Section 73 in Absence of Documentary Evidence

The Gujarat HC condoned a 372-day delay in filing a tax appeal after accepting the appellant’s bona fide belief that a similar matter was already pending before the Court.

Gujarat High Court Condones 372-Day Delay in Tax Appeal, Accepts Bona Fide Belief of Pending Case

News

Scammers are sending fake tax refund alerts to steal bank details; learn how to identify fraud messages and protect your money.

Income Tax Department Warns of Refund Scam: Red flags, Reporting Steps and Safety Tips

Matter remanded for verification where royalty liability was adjusted against excess pre-paid amounts to State Government

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ITAT Restores Charitable Exemption Claims and Deletes Section 271D Penalty for Educational Society

Income Tax Amendment to Section 68 Cannot Be Applied Retrospectively: Gujarat HC

High Court Declines Conversion of Section 74 Proceedings to Section 73 in Absence of Documentary Evidence

Gujarat High Court Condones 372-Day Delay in Tax Appeal, Accepts Bona Fide Belief of Pending Case

Income Tax Department Warns of Refund Scam: Red flags, Reporting Steps and Safety Tips

ITAT Sets Aside Section 43B Disallowance on Royalty Adjustment Claim by NMDC