Judgement

ITAT Amritsar condones a delay of 122 days in a case where Rs. 11.86 lakh cash deposited during the demonetisation period and sends the case back to CIT(A) for fresh examination.

Demonitization cash deposited from sales treated as unexplained cash deposit: ITAT remands back case

ITAT held that performance bond guarantee and bank guarantee charges are not commission or brokerage, as there is no principal-agent relation

No TDS u/s 194H Applicable on bank guarantee charges: ITAT

The ITAT ruled that if the assessee intends to invest in construction of property, the assessee must be allowed the exemption under section 54, even if the investment was not made in the CGDS Scheme.

ITAT allows Section 54 Exemption for Construction Purposes, Despite Non-Deposit Under CGDS

News

It is important to note that bank holidays are not the same across the country. They differ from state to state.

Bank Holidays December 2025: Check List of Bank Holidays Across India for December 2025

The Central Goods and Services Tax (CGST) Chennai North Commissionerate has recently cracked down on a copper wire manufacturing company in the case of GST evasion worth Rs. 34.81 crore.

CGST Chennai Unearths Rs. 34.81 Crore Massive GST Evasion; Copper Firm MD Arrested

Articles

Check your Income Tax Refund 2025 status, understand delays, and know when pending refunds will be credited.

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Demonitization cash deposited from sales treated as unexplained cash deposit: ITAT remands back case

No TDS u/s 194H Applicable on bank guarantee charges: ITAT

ITAT allows Section 54 Exemption for Construction Purposes, Despite Non-Deposit Under CGDS

Bank Holidays December 2025: Check List of Bank Holidays Across India for December 2025

CGST Chennai Unearths Rs. 34.81 Crore Massive GST Evasion; Copper Firm MD Arrested

Income Tax Refund 2025: How to Check Status, Causes of Delay, and When You’ll Get Your Refund