Judgement

Woman wins Mumbai ITAT case, legally avoids capital gains tax on Rs 6 crore property sale by reinvesting in husband’s name under Section 54 exemption.

Woman Sells Two Gifted Flats Worth Rs. 6 Crore and Pays No Tax on Capital Gain of Rs. 4.21 Crore [Read ITAT Order]

High Court quashes GST registration cancellation for breach of natural justice; directs issue of fresh SCN with ITC usage freeze for 3 months.

High Court Quashes GST Cancellation for Vague SCN; Allows Fresh Proceedings with ITC Freeze

ITC can be availed by the compliant purchaser under the Kerala Value Added Tax Act, 2003, even if the seller has failed to remit the tax to the government.

ITC Can't Be Denied for Seller's Default: HC Rules State Must Recover Tax from Seller, Not Bona Fide Purchaser

Court rules provisional attachment order lapsed after one year; directs HDFC Bank to release account.

HC Quashes Bank Account Attachment Post Expiry of CGST Section 83(2) Period

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The Department of Financial Services is soon anticipated to enhance provisions of banking law amendment, effective from August 1, 2025.

Banking Laws (Amendment) Act, 2025: Key Provisions to Come into Force from 1st August 2025

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Know the income tax benefits and deductions under the New Tax Regime and the Old Tax Regime for FY 2024-25 and FY 25-26 as well

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Woman Sells Two Gifted Flats Worth Rs. 6 Crore and Pays No Tax on Capital Gain of Rs. 4.21 Crore [Read ITAT Order]

High Court Quashes GST Cancellation for Vague SCN; Allows Fresh Proceedings with ITC Freeze

ITC Can't Be Denied for Seller's Default: HC Rules State Must Recover Tax from Seller, Not Bona Fide Purchaser

HC Quashes Bank Account Attachment Post Expiry of CGST Section 83(2) Period

Banking Laws (Amendment) Act, 2025: Key Provisions to Come into Force from 1st August 2025

ITR Filing: Tax Deductions and Exemptions Under Old vs New Tax Regime