Judgement

The ITAT quashed the Rs 5.44 lakh TDS demand against SBI on Leave Fare Concession payments for foreign travel, granting relief by following its earlier precedent.

ITAT Quashes Rs 5.44 Lakh TDS Demand on SBI Over Leave Fare Concession Payments for Foreign Travel

Articles

June 30 is the final date for issuing income tax scrutiny notices for FY 2025-26 returns. Taxpayers should review their filings and watch for any notices.

June 30 Deadline: Last Chance for Income Tax Scrutiny Notices on FY 2025-26 Returns

News

Manoj Vaibhav Gems received a Rs 5.84 crore GST demand and penalty over alleged wrongful ITC claims on IPO-related expenses and plans to appeal

GST Department Slaps Rs 5.84 Crore Tax and Penalty on Manoj Vaibhav Gems

The Income Tax Appellate Tribunal (ITAT) Delhi has held that the AO was not justified in treating Rs 14,800 appearing in a seized document as Rs 14.80 lakh merely by multiplying the figure by 100.

ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence

RBI permits GIFT City branches to mobilise FCNR(B) deposits, boosting NRI deposit inflows.

RBI Allows Banks to Mobilise FCNR(B) Deposits Through GIFT City Branches

Maintaining minimum balance cannot be treated as taxable non-monetary consideration, rules Court.

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ITAT Quashes Rs 5.44 Lakh TDS Demand on SBI Over Leave Fare Concession Payments for Foreign Travel

June 30 Deadline: Last Chance for Income Tax Scrutiny Notices on FY 2025-26 Returns

GST Department Slaps Rs 5.84 Crore Tax and Penalty on Manoj Vaibhav Gems

ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence

RBI Allows Banks to Mobilise FCNR(B) Deposits Through GIFT City Branches

HC Quashes Service Tax Notices on Minimum Balance Banking Services, Rules MAB is Not Consideration