Judgement

The ITAT Delhi allowed the assessee to claim a foreign tax credit which was denied by the Income Tax Department.

Foreign Tax Credit Cannot Be Denied for Late Filing of Form 67: ITAT Delhi

Articles

The court observed that the liability for non-deposit of tax cannot shift to the purchasing dealer unless there is a collusion between the purchaser and the defaulting seller.

Purchaser Not Liable for Seller's Tax Default: Punjab and Haryana High Court

Notifications

The central government has extended the Remission of Duties and Taxes on Exported Products until 31st March 2026.

Government Extends RoDTEP Scheme for DTA Units Until March 31, 2026

Know reasons why your tax refund has been delayed by Income tax department and how you can track them easily.

Still Waiting for Your Tax Refund? Here’s What You Need to Know

Tamil Nadu AAR rules that GST paid on electrical installation for factory expansion is not eligible for Input Tax Credit.

GST: AAR Denies ITC Claim for Electrical Installation in Manufacturing Expansion

As per the Tamil Nadu AAR, the purchases from unregistered persons of M-Sand, P-Sand, Boulders, Blue Metals, Bricks, and Hollow Bricks do not attract the RCM.

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Foreign Tax Credit Cannot Be Denied for Late Filing of Form 67: ITAT Delhi

Purchaser Not Liable for Seller's Tax Default: Punjab and Haryana High Court

Government Extends RoDTEP Scheme for DTA Units Until March 31, 2026

Still Waiting for Your Tax Refund? Here’s What You Need to Know

GST: AAR Denies ITC Claim for Electrical Installation in Manufacturing Expansion

GST RCM Not Applicable to Traders of M-Sand and Bricks: AAR