News

The Union Cabinet has approved the Ministry of Labour and Employment's proposal to enhance the EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month.

Govt Enhances EPFO Wage Ceiling from Rs 15,000 to Rs 25,000; Over 51 Lakh Employees to Fall Under Scope

September 30 TAR filing deadline for the AY 2026-27 is approaching fast; here's experts' advise for taxpayers subject to their account audit. 

Will TAR Deadline for AY 2026-27 Be Extended Beyond September 30? Here's Experts' Advise 

Judgement

HC upholds the constitutional validity of Section 16(2)(c) of the CGST Act while allowing Sumetco Alloys to contest the Rs 56.44 crore ITC demand before the appellate authority.

High Court Upholds Validity of GST ITC Condition Under Section 16(2)(c), Allows Appeal Against Rs 56.44 Crore Demand

The ITAT Mumbai held that business expenditure incurred through the credit card of the assessee’s spouse cannot be treated as payment for services requiring TDS.

ITAT Holds Business Expenses Can Be Incurred Through Spouse’s Credit Card and Cannot Be Disallowed

ITAT dismisses Revenue’s appeal, upholds Section 80IA(4) deduction along with relief on Rs. 53.34 crore bad and doubtful debt disallowance.

ITAT Deletes Rs 53.34 Crore Bad Debt Disallowance and Upholds Section 80IA(4) Deduction

The ITAT Jaipur allows Section 270A(6) relief to assessee who missed return filing after relocating to USA.


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Govt Enhances EPFO Wage Ceiling from Rs 15,000 to Rs 25,000; Over 51 Lakh Employees to Fall Under Scope

Will TAR Deadline for AY 2026-27 Be Extended Beyond September 30? Here's Experts' Advise

High Court Upholds Validity of GST ITC Condition Under Section 16(2)(c), Allows Appeal Against Rs 56.44 Crore Demand

ITAT Holds Business Expenses Can Be Incurred Through Spouse’s Credit Card and Cannot Be Disallowed

ITAT Deletes Rs 53.34 Crore Bad Debt Disallowance and Upholds Section 80IA(4) Deduction

ITAT Holds Bona Fide Explanation for Belated Return Excluded from Underreported Income