Judgement

Relying on a case of M/s Sai Diamond, the Tribunal concluded that the CIT(A) had correctly restricted the disallowance to 6% of the bogus purchases.

ITAT Upholds 6% Addition on Bogus Purchases, Dismisses Revenue Appeal

Articles

Know these two important changes on GST portal starting from December 1, 2025.

GST Breaking: 2 Major GST Portal Changes from December 2025, Taxpayers Should Know About

Allahabad High Court rules that ITC cannot be denied to a genuine buyer if the supplier was duly registered and tax-compliant at the time of the transaction.

Allahabad HC Rules ITC Cannot Be Denied If Supplier Was Registered at Transaction Time

Here's a comprehensive guide explaining why income tax refunds are delayed in 2025 and how taxpayers can track their refund status online.

Why Your Income Tax Refund Is Delayed: Key Reasons and How to Check Status Online

AAR refused to rule on whether non-voting irredeemable preference shares qualify as export consideration for GST purposes, holding the query outside Section 97(2).

AAR Rules consideration in form of Preference Share for Export Services Does Not Fall Under Section 97(2) Scope

These publications provides an in-depth understanding and practical guidance for reconciling the books of account with the GST Annual Return.

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ITAT Upholds 6% Addition on Bogus Purchases, Dismisses Revenue Appeal

GST Breaking: 2 Major GST Portal Changes from December 2025, Taxpayers Should Know About

Allahabad HC Rules ITC Cannot Be Denied If Supplier Was Registered at Transaction Time

Why Your Income Tax Refund Is Delayed: Key Reasons and How to Check Status Online

AAR Rules consideration in form of Preference Share for Export Services Does Not Fall Under Section 97(2) Scope

ICAI Releases Technical Guide on GST Forms GSTR-9 and 9C for FY 2024-25