Notifications

The CBDT notifies key technical corrections, insertions, and deletions across various income tax schedules to improve accuracy and consistency in reporting.

CBDT Notifies Corrigendum to ITR Form 6 [Read Notification]

News

The government has approved the Startup India Fund of Funds 2.0 with a corpus of Rs 10,000 crore to boost India’s startup ecosystem by channelling venture capital into priority sectors.

Govt Approves Establishment of Startup India Fund of Funds 2.0 With Corpus of Rs 10,000 Crore

Judgement

High Court quashes GST demand, interest and penalty where Input Tax Credit was voluntarily reversed before issuance of SCN

GST: No Penalty Under Section 74 After Voluntary ITC Reversal due to non-existent supplier, says High Court

The ITAT held that once the AO had made an addition based on estimation of sales turnover, he cannot revisit his own order for taxing the assessee on sales turnover.

Second Reopening Invalid if Based on Change of Opinion: ITAT

The Reserve Bank of India imposed a penalty on Himachal Pradesh State Co-operative Bank after finding KYC rule violations and lapses in periodic risk review during NABARD inspection.

RBI Imposes Rs 7.5 Lakh Penalty on Himachal Pradesh State Co-operative Bank for KYC Violations

Supreme Court dismisses Revenue SLP, upholding High Court relief in CIRP-linked Income tax proceedings dispute case

Explore Our Blogs

CBDT Notifies Corrigendum to ITR Form 6 [Read Notification]

Govt Approves Establishment of Startup India Fund of Funds 2.0 With Corpus of Rs 10,000 Crore

GST: No Penalty Under Section 74 After Voluntary ITC Reversal due to non-existent supplier, says High Court

Second Reopening Invalid if Based on Change of Opinion: ITAT

RBI Imposes Rs 7.5 Lakh Penalty on Himachal Pradesh State Co-operative Bank for KYC Violations

SC upholds cancellation of Income Tax proceedings against Reliance Projects and Property Management Services