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Essential Tips for Filing Income Tax Returns for AY 2026-27
Discover essential tips for filing your income tax returns for AY 2026-27. Learn about correct forms, tax regimes, e-verification, and common mistakes.
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Missed ITR Filing Deadline for FY 2025-26? File Your Belated Return Before December 31, 2026
Missed the ITR filing deadline for FY 2025-26? Learn about belated returns, late fees under Section 234F, interest penalties, and AY 2026-27 rules.
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Tata Power Renewables Reports Remarkable Growth in Q2 FY27 Utility-Scale Projects
Discover the latest financial and operational highlights from Tata Power Renewables following their recent regulatory announcement.
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Inventory Audit vs Stock Verification: Key Differences and Procedures
Learn the essential differences between inventory audit and stock verification, including procedures, compliance standards, and major red flags.
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ITAT Mumbai Rules Against Additions Based on Uncorroborated Seized Records
ITAT Mumbai deletes major share additions and allows speculative loss set-off, ruling that uncorroborated seized records cannot form the sole basis for tax additions.
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ITAT Ranchi Rules Converting Jewellery Into Gold Biscuits Is Not Unexplained Investment
Discover how ITAT Ranchi deleted a significant tax addition by ruling that converting existing jewellery into gold biscuits and silver is valid.
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ITAT Mumbai Rules Tata Trust Preference Share Investment Compliant With Section 13(2)(h)
ITAT Mumbai holds that Tata Trust preference share investments do not violate Section 13(2)(h), upholding dividend exemptions and depreciation claims.
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ITAT Mumbai Rules Interest Deduction Cannot Be Denied Solely Based on Book Entries
ITAT Mumbai holds that legitimate interest deductions cannot be rejected merely as book entries, directing the Assessing Officer to verify claims properly.
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A Complete Guide to Rounding-Off Rules Under Income Tax, GST, Companies Act and CPC
Understand the legal provisions, thresholds, and judicial principles of rounding-off rules under Income Tax, GST, Companies Act, and CPC.
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GST Vehicle Confiscation Under Section 130: Protection for Innocent Transporters
Understand how Section 130 of the GST act protects innocent transporters from vehicle confiscation when they prove a lack of knowledge or connivance.