News

The government of India has undertaken a major revision in the nation's rental housing framework as states are increasingly adopting rules based on the Model Tenancy Act (MTA), 2021.

A New Era for Tenants and Landlords: Key Changes Under the Model Tenancy Act, 2021

Judgement

Court finds no legal bar on granting retrospective R&D recognition for FY 2015-16 and 2016-17; directs fresh decision within four weeks

Delhi HC Directs DSIR to Reconsider 35(2AB) Approval for Earlier Years Citing Maruti Suzuki Ruling

Tribunal finds that the Rs. 6.45 lakh loan difference related to past years and that the assessee proved identity, creditworthiness and genuineness for Rs. 16 lakh fresh loans.

ITAT Deletes Section 68 Additions on Unsecured Loans; Holds Difference in Father-Son Loan Balance Not Taxable

ITAT Deletes Section 68 Additions on Unsecured Loans; Holds Difference in Father–Son Loan Balance Not Taxable

Delhi High Court refused to entertain a writ in a bogus ITC case and directed the taxpayer to file a statutory appeal under Section 107.

Delhi HC Refuses to Intervene in Fake ITC Dispute; Directs Company to Comply Statutory Appeal Route u/s 107

Tribunal finds Revenue failed to rebut documentary evidence; violation of natural justice and unsupported assumptions cannot sustain additions.

Section 68/69C Addition: Once repayment through account-payee cheque is established, burden on Revenue to disprove transaction

Court holds that residential leases are exempt from GST and GST cannot be added to rent for stamp duty computation.

Delhi High Court Quashes Stamp Duty Demand on Residential Lease; Orders Refund to Petitioner

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts