Learn how tenants can claim refunds for excess TDS deducted on rent under Section 194-IB of the Income Tax Act. Follow a detailed guide from TRACES for filing refund requests and ensuring compliance ...

Bombay High Court quashes Income Tax Department's search and seizure on Balkrushna Buty, citing lack of reason to believe mandated by Section 132 of IT ...

ITAT Bangalore rules that a director's mere custody of company funds, without personal use or formal loan, does not constitute a deemed dividend under Section 2(22)(e) of the Income-tax ...

Supreme Court clarifies power to modify arbitral awards under Section 34 in Gayatri Balaswamy case, raising questions on finality, equity, and party ...

Understand advance tax, its calculation methods, and due dates. Learn about changes affecting partners and exemptions for certain taxpayers. Pay on time to avoid ...

Understand the implications of belated income tax return filing, including loss of refund interest, late fees, interest on ...

Mumbai ITAT allows Emerging Markets Index Fund to set off short-term capital losses against gains with differential tax rates, citing Section 70(2) and judicial ...

Gujarat High Court directs GST authorities to permit Screenotex Engineers to amend GSTR-1 for "deemed export" invoices, bypassing time restrictions due to inadvertent ...

ITAT Delhi nullifies reassessment and LTCG addition, emphasizing mandatory disposal of taxpayer objections and absence of concrete evidence in 'penny stock' ...

Allahabad High Court dismisses petition against time-barred GST appeal, reaffirming statutory limitations on condonation of delay and the non-applicability of the Limitation ...

The Allahabad High Court dismissed Arun Enterprises' writ petition, upholding the rejection of their service tax appeal due to significant delay and unavailability of condonation beyond statutory ...

India's Ministry of Finance imposes anti-dumping duty on Insoluble Sulphur imports from China PR and Japan to address dumping and protect domestic ...