News

Easemytrip, a leading travel technology company, has got a Rs.17.35 lakh penalty notice for allegedly violating Goods and Services Tax (GST) rules.

EaseMyTrip gets GST Penalty Notice of Rs.17 Lakh for violating GST Norms

A tax order issued by the Bengaluru bench of ITAT was apparently withdrawn after it was discovered that the order was based on ChatGPT research on non-existent cases.

ITAT Bangalore issued order based on ChatGPT research on cases that don’t exist; Later withdraw the Order

Articles

Most of the taxpayers are getting income tax demand notices because their Section 87A rebate claims on special rate income

Section 87A Rebate Claimed on Capital Gains? What to Do If You Get a Tax Demand Notice?

The President of AIMIM made a representation before the Select Committee Chairman to include the cost accountants in the definition of 'Accountants' under Income Tax Bill 2025.

Inclusion of Cost Accountants in the definition of 'Accountants' under Income Tax Bill 2025

ICAI has informed CA of increasing obligations in audit and compliance reporting, as a new format for maintaining balance sheets for non-corporate entities is slated to take effect on April 1, 2025.

ICAI introduces New Balance Sheet Format for Non-Corporate Entities; Implementation from April 1st

IRDAI has launched a new payment system, known as Bima-ASBA. This payment system allows policyholders to save money for their insurance premiums.

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EaseMyTrip gets GST Penalty Notice of Rs.17 Lakh for violating GST Norms

ITAT Bangalore issued order based on ChatGPT research on cases that don’t exist; Later withdraw the Order

Section 87A Rebate Claimed on Capital Gains? What to Do If You Get a Tax Demand Notice?

Inclusion of Cost Accountants in the definition of 'Accountants' under Income Tax Bill 2025

ICAI introduces New Balance Sheet Format for Non-Corporate Entities; Implementation from April 1st

IRDAI Introduces Bima-ASBA; Simplified Insurance Premium Payments with UPI