Judgement

The ITAT Ahmedabad holds mere Initial-Year balance sheet insufficient to establish compliance with Section 11(2)(b).

ITAT Denies Section 11(2) Exemption for Failure to Prove Continued Investment of Accumulated Funds

News

Loudspeaker Is On Association has urged the Finance Minister to extend the AY 2026-27 Tax Audit Report due date to October 31, citing delayed utilities, compressed timelines and increased compliance requirements.

TAR Filing for AY 2026-27: Loudspeaker Is On Association Urges FM to Extend Due Date to October 31

The 57th GST Council meeting on October 7 may bring key reforms on ITC, e-invoicing, registration and GST procedures.

57th GST Council Meeting: New Date Announced And Big GST Changes Expected

Jamnagar Tax Consultants’ Association has urged the CBDT to extend the AY 2026-27 Tax Audit Report deadline to October 31, citing utility delays, overlapping compliances and GST reconciliation challenges.

Jamnagar Tax Consultants Urge CBDT to Extend Tax Audit Deadline to October 31, Cites Utility Delays, GST Reconciliation Issues

Om Power Transmission faces no liability after the tax authority dropped the Rs 1.12 crore ITC allegation and related interest and penalty proceedings for FY23.

Om Power Transmission Gets Favourable Tax Order, Rs 1.12 Crore ITC Allegation Dropped, No Tax or Penalty Liability

Begusarai Tax Practitioners Association has urged the CBDT to extend the September 30, 2026, tax audit deadline to October 31, citing Bihar floods, portal issues, delayed utilities and compliance difficulties.

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ITAT Denies Section 11(2) Exemption for Failure to Prove Continued Investment of Accumulated Funds

TAR Filing for AY 2026-27: Loudspeaker Is On Association Urges FM to Extend Due Date to October 31

57th GST Council Meeting: New Date Announced And Big GST Changes Expected

Jamnagar Tax Consultants Urge CBDT to Extend Tax Audit Deadline to October 31, Cites Utility Delays, GST Reconciliation Issues

Om Power Transmission Gets Favourable Tax Order, Rs 1.12 Crore ITC Allegation Dropped, No Tax or Penalty Liability

Begusarai Tax Practitioners Association Seeks Extension of TAR, Forms 10B/10BB, and ITR Due Dates for AY 2026-27