Judgement

Tribunal remands revenue recognition issue to AO; confirms disallowance under Section 36(1)(va)

Delay in PF/ESI Deposit? ITAT Says No Relief, Cites SC’s Checkmate Judgment

No Income Tax Refunds for AY 2025-26 until Old ITRs are reviewed by Government

News

State Tax Department launches raids in Kashmir to curb fake ITC fraud, targeting sectors like iron, cement, and steel to protect GST revenue.

GST State Tax Department Cracks Down on Fake ITC Fraud in Kashmir

The Tribunal allowed a bad debt deduction of Rs. 1.91 crore, ruling that a simple write-off in the books is sufficient under Section 36(1)(vii), as per the TRF Ltd. vs CIT judgment.

Simple Write-Off is Enough: Tribunal Grants Rs. 1.91 Cr Bad Debt Deduction

Articles

The Government of India has provided income tax relief to the Karnataka State Pollution Control Board (KSPCB) by allowing the exemption of certain categories of income from income tax.

Income Tax Relief Granted to Karnataka State Pollution Control Board on Specified Incomes

Did you know that one small mistake while filling out your tax return can be a very costly mistake for you?

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Delay in PF/ESI Deposit? ITAT Says No Relief, Cites SC’s Checkmate Judgment

No Income Tax Refunds for AY 2025-26 until Old ITRs are reviewed by Government

GST State Tax Department Cracks Down on Fake ITC Fraud in Kashmir

Simple Write-Off is Enough: Tribunal Grants Rs. 1.91 Cr Bad Debt Deduction

Income Tax Relief Granted to Karnataka State Pollution Control Board on Specified Incomes

ITR Mistakes: A Simple Mistake Could Cost You 200% Penalty