Judgement

The ITAT held that investment made before filing the return under Section 139(4) qualifies for Section 54F exemption, deleted the additions, and allowed the assessee’s appeal.

ITAT allows Section 54 exemption before due date of filing belated ITR

News

At Mata Vaishno Devi Shrine, fake silver offerings were found to contain very little real silver, raising serious concerns about financial fraud and potential health risks for devotees and workers.

Fake Silver Offerings Scam at Vaishno Devi Shrine Raises Serious Concerns

ITC not allowed on lease rentals paid for industrial land, rules AAAR. Key GST ruling clarifies input tax credit restrictions on land lease transactions.

ITC Not Allowed on Lease Rentals Paid for Industrial Land: AAAR

High Court refused anticipatory bail for accused in a GST fraud case, citing the severity of economic crimes and the need for custodial interrogation.

High Court Rejects Bail Plea in GST Input Tax Credit Fraud

Even the best-run companies can stumble over administrative deadlines, but in the eyes of the law, a 22-day delay is more than just a calendar error.

ROC penalises company for delay in conducting Board Meetings

Reassessment was held invalid due to procedural defects and time limit issue; ITAT upheld CIT(A) and dismissed Revenue’s appeal.

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ITAT allows Section 54 exemption before due date of filing belated ITR

Fake Silver Offerings Scam at Vaishno Devi Shrine Raises Serious Concerns

ITC Not Allowed on Lease Rentals Paid for Industrial Land: AAAR

High Court Rejects Bail Plea in GST Input Tax Credit Fraud

ROC penalises company for delay in conducting Board Meetings

Reassessment held invalid for Late Income Tax Notice