Judgement

Considering this, the tribunal ruled that the late supply of goods is not a crime or violation of law but a payment for breach of contract.

Penalty on Late Supply of Goods is Compensatory in Nature and is Allowable Business Expenses: ITAT

News

Government hikes STT on F&O to curb "satta", sparking debate on effectiveness and impact on traders livelihoods.

F&O Traders React as Government Raises STT: Will It Really Stop Satta

Articles

This shift is even more pronounced in presumptive tax cases, where about 97% of the taxpayers under the presumptive taxation have shifted to the new tax regime.

No Plans to Introduce Sunset Clause for Old Tax Regime: CBDT Chairman as Majority of Taxpayers Shifting to New Regime

The Sales Tax Bar Association has urged the Finance Minister to reduce high GSTAT appeal fees, saying they create financial barriers and make justice difficult for small taxpayers and MSMEs.

Sales Tax Bar Urges FM to Reduce High GSTAT Appeal Fees; Highlights Burden on MSMEs and Small Traders

Technical knowledge of accounting standards and tax laws is now just the entry ticket. What sets you apart is your ability to work with data.

Excel, Power BI & Data Analytics for CA Students: Complete Guide

The new SGB tax rule is being criticised because it taxes profits but ignores losses, making investors feel the system is unfair.

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Penalty on Late Supply of Goods is Compensatory in Nature and is Allowable Business Expenses: ITAT

F&O Traders React as Government Raises STT: Will It Really Stop Satta

No Plans to Introduce Sunset Clause for Old Tax Regime: CBDT Chairman as Majority of Taxpayers Shifting to New Regime

Sales Tax Bar Urges FM to Reduce High GSTAT Appeal Fees; Highlights Burden on MSMEs and Small Traders

Excel, Power BI & Data Analytics for CA Students: Complete Guide

Budget 2026: New SGB Tax Rule Sparks Debate on Fairness