Judgement

Gujarat High Court rules that rental income from a let-out factory is taxable under "Income from House Property," allowing Section 24 deductions.

Income Tax: High Court Upholds Rental Income from Let-Out Factory as House Property, Not PGBP

High Court ruled in favor of the company and quashed the orders as it was issued without giving any proper reasons.

High Court Quashes GST Cancellation Non-Speaking Order; Remands Matter for De Novo Adjudication

Articles

The Income Tax Department has officially released the Offline Utility for ITR-2, AY 2025-26

ITR Filing 2025: ITR-2 Offline Utility Now Available for Filing for AY 2025-26

The court observed that the amendment application was made after the goods were detained, due to which the appeal was rejected.

GST: High Court Upholds Penalty for Unloading at Unregistered Place; Post-Facto GSTN Amendment Rejected

Notifications

Income Tax Dept has granted tax exemption to the Greater Ludhiana Area Development Authority under section (46A) (b) of the Income Tax Act

Income Tax Exemption Notification to Greater Ludhiana Area Development Authority [Read Notification]

The Gujarat High Court observed that this was a genuine and bona fide error, and the company also paid taxes at the concessional rate of 22% and quashed the order.

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Income Tax: High Court Upholds Rental Income from Let-Out Factory as House Property, Not PGBP

High Court Quashes GST Cancellation Non-Speaking Order; Remands Matter for De Novo Adjudication

ITR Filing 2025: ITR-2 Offline Utility Now Available for Filing for AY 2025-26

GST: High Court Upholds Penalty for Unloading at Unregistered Place; Post-Facto GSTN Amendment Rejected

Income Tax Exemption Notification to Greater Ludhiana Area Development Authority [Read Notification]

HC Condones Delay in Filing Income Tax Form 10-IC Due to Bona Fide Error, Upholds Liberal Interpretation of “Genuine Hardship” Under Section 119(2)(b)