Judgement

The GST proceedings under Section 74 must be based on clear evidence of fraud and cannot be initiated merely on suspicion, ruled the High Court.

GST Returns and E-Way Bills Are Enough to Prove Movement of Goods, Toll Receipts NOT Mandatory: Allahabad HC

Notifications

The tax exemption has been given by the Central Government using its power given under clause (23EE) of section 10 of the Income-tax Act, 1961.

Central Government Grants Income Tax Exemption for Core Settlement Gurantee Fund

News

The information was related to the company’s unaudited financial results for the quarter and nine months ended December 31, 2025 and was shared on the employee's personal WhatsApp Status.

ICICI Lombard's Employee Accidentally Shares Draft Financial Results of Company

The assessee, The India Cements Ltd., filed an appeal before the income tax department, raising several grounds covering Section 14A disallowance, interest on loans, vastu fees, subsidies, and royalty.

ITAT Partly Allows Appeal on Section 14A, Interest, Subsidy and Other Tax Issues

As per the order, the tax demand arises from transfer pricing adjustments related to payments made to related parties and some corporate tax adjustments, such as the disallowance of depreciation.

Hindustan Unilever Limited Faces Income Tax Demand Worth Rs 1559.69 Crore

The ROC imposed a penalty of Rs 10,000 on the company and Rs 10,000 on its director for violating Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.

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GST Returns and E-Way Bills Are Enough to Prove Movement of Goods, Toll Receipts NOT Mandatory: Allahabad HC

Central Government Grants Income Tax Exemption for Core Settlement Gurantee Fund

ICICI Lombard's Employee Accidentally Shares Draft Financial Results of Company

ITAT Partly Allows Appeal on Section 14A, Interest, Subsidy and Other Tax Issues

Hindustan Unilever Limited Faces Income Tax Demand Worth Rs 1559.69 Crore

ROC Imposes Penalty on Company and Director for Furnishing Incomplete Details in Form PAS-3