Judgement

The ITAT rules receivables discounting is not interest, quashing over Rs.9.91 crore TDS demand.

ITAT Holds Receivables Discounting Charges Not Liable to TDS Under Section 194A

ITAT deletes Section 69A addition after accepting registered land sale receipts and Sikkim tax exemption.

ITAT Deletes Demonetisation Addition on Sikkim Land Sale Cash Deposits

ITAT holds statutory exemption cannot be denied merely because it was not claimed in the return.

ITAT Grants BSNL VRS Exemption Despite No Claim in Return

Circulars

The MCA has extended the Companies Compliance Facilitation Scheme (CCFS-2026) till August 31, 2026, giving companies additional time to complete pending statutory filings.

MCA Extends Validity of CCFS-2026 Till August 31, 2026; Companies Get More Time for Pending Statutory Filings

The ITAT held that the enhanced 60% tax rate under Section 115BBE cannot be applied to AY 2017-18 and directed the AO to levy tax at the pre-amended rate of 30%.

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ITAT Holds Receivables Discounting Charges Not Liable to TDS Under Section 194A

ITAT Deletes Demonetisation Addition on Sikkim Land Sale Cash Deposits

ITAT Grants BSNL VRS Exemption Despite No Claim in Return

MCA Extends Validity of CCFS-2026 Till August 31, 2026; Companies Get More Time for Pending Statutory Filings

ITAT Rules Enhanced 60% Tax Under Section 115BBE Cannot Be Applied to AY 2017-18; Directs AO to Levy 30% Tax

AAAR Rules 5% GST on E-Rickshaw CKD Kits Applicable Only When Complete Unassembled Vehicle is Supplied