Summary: The Indian government has expanded the scope of Tax Collected at Source (TCS) under Section 206C(1F) of the ...

Fingerprint evidence has been recognized in India for over a century. The use of fingerprints was officially introduced ...

The Gujarat High Court addressed a case where Ujala Dyeing And Printing Mills Private Limited inadvertently made an error in their income tax return filed on September 24, 2018, while claiming a ...

Whether the Ld. Tribunal was right in upholding deletion of the addition of account profit of Rs.3,97,77,965/-on account of trading in Future & Option?” (ii) Where the Ld ...

In our opinion, the order passed by the High Court, which upheld the decision of the Tribunal, is correct on facts and in law. This case does not involve a failure by the assessing officer to conduct ...

Customs Authority for Advance Ruling (CAAR) in Mumbai has ruled that imported Interactive Flat Panels will be classified ...

To get the incentive, there are three main conditions: 1. You have to invest in plant and machinery. 2. You need to show sales growth —the scheme rewards those who scale up. 3. You need to create jobs ...

A company can voluntarily wind up by passing a special resolution with at least 75% shareholder approval. The process includes appointing a liquidator, settling liabilities, filing necessary forms, ...

Gujarat High Court held that imposed a token cost of Rs. 1,000 on department for disregarding the directions by Central Excise and Service Tax Appellate Tribunal [CESTAT] and matter remanded for fresh ...

Supreme Court held that as per section 13 (7) of the Uttar Pradesh Value Added Tax Act, 2008 [UP VAT Act], input tax credit will not be allowed to a dealer with respect to the purchase of any goods ...

The newly added clause, Para 5.4.II.vi, states that subject to the satisfaction of the compounding authority, the maximum compounding amount imposed for contravention of each regulation or rule within ...

Standards issued by the Bureau of Indian Standards -Revised Timeline for Implementation Reference is invited to our circular DCM (NPD) No. S2193/09.45.000/2024-25 dated October 30, 2024 on “Note ...