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ITAT Remands INR 99.38 Lakh Tax Appeal for Section 249(4)(b) Examination
The Mumbai ITAT restores a tax appeal involving an INR 99.38 lakh addition, directing the CIT(A) to first examine compliance under section 249(4)(b).
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ITAT Remands Rs 1.30 Crore Loan Addition Case for Fresh Verification
Learn how the ITAT Mumbai admitted new evidence regarding a Rs 1.30 crore loan addition under Section 68 and remanded the matter for re-evaluation.
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Assured-Margin Model and Double Transfer Pricing Adjustments in Income Tax
Explore how the ITAT Mumbai addressed nil valuation of real services, preventing double transfer pricing adjustments in income tax proceedings.
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Supreme Court Rules Security Advance Is Earnest Money Liable To Forfeiture
Supreme Court rules security advance is earnest money, upholding a 20 lakh forfeiture and denying refunds without a specific Section 22 prayer.
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Low Income Does Not Equal Low Creditworthiness Under Section 68
Discover why low returned income does not automatically prove lack of creditworthiness under Section 68 based on recent appellate tribunal rulings.
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FEMA Fourth Amendment Rules 2026 Allow Inventory Based E-Commerce Exports
Discover how the FEMA Non Debt Instruments Fourth Amendment Rules 2026 enable inventory based e-commerce exports of Indian goods under FTP 2023.
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ECLGS 5.0 Provides ₹2.55 Lakh Crore in Credit Support for Businesses and Airlines
Discover how ECLGS 5.0 delivers ₹2.55 lakh crore in government-backed credit guarantees and working capital for MSMEs, non-MSMEs, and airlines.
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CCPA Fines Dial4Trade Rs 10 Lakh For Unauthorized Ammonium Nitrate Sales Online
The CCPA penalizes Dial4Trade Rs 10 lakh for listing and selling ammonium nitrate online without essential safety checks, license verification, and disclosures.
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EPFO Announces EPF Scheme 2026 Amnesty for PF Trusts Seeking Retrospective Exemption
Discover the EPFO amnesty window under the EPF Scheme 2026 allowing eligible PF trusts to apply for retrospective exemption regularisation by December 2026.
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EPFO VISHWAS 2026 Scheme: Reduced EPF Damages for Old Disputes
Discover the EPFO VISHWAS 2026 scheme offering reduced EPF damages for long-pending disputes. Settle before December 28, 2026.