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Comprehensive Annual ROC Filing Checklist for FY 2025-26
Ensure compliance with our complete annual ROC filing checklist for FY 2025-26 covering AOC-4, MGT-7, board reports, and AGM deadlines.
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ITAT Grants Section 54B Relief for Agricultural Land Purchases
Discover how the ITAT allowed a Section 54B tax deduction of Rs 15.22 lakh for purchasing agricultural land prior to the official sale deed.
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Understanding Share Trading Income: Capital Gains Versus Business Income
Learn how share trading income is taxed as capital gains or business income under CBDT Circular 6/2016 and the Income-tax Act.
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TDS Challan Paid for Wrong Tax Year: Income Tax Department Clarifies Utilisation
Learn how the Income Tax Department handles TDS challans paid for the wrong tax year with the plus minus one year utilisation and TRACES correction facility.
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IDBI Bank Fairfax 52878 Crore Deal: Regulatory and Tax Analysis
Explore the IDBI Bank and Fairfax 52,878 crore deal, covering Reserve Bank of India ownership regulations, cross-border financing, and tax implications.
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ITAT Raipur Rules DVO Reports Received After Six Months Invalidate Section 263 Revision
Discover how ITAT Raipur quashed Section 263 tax revisions because DVO valuation reports exceeded the statutory six-month limit under Section 142A.
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ITAT Bangalore Rules on Section 263 Revision and DVO Valuation Reports
Discover the latest ITAT Bangalore ruling stating that a DVO valuation report submitted beyond the six-month limit cannot support a Section 263 revision.
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ITAT Pune Approves Section 80P Deduction on Cooperative Bank Interest Income
Explore the ITAT Pune ruling allowing a significant Section 80P deduction on interest income from cooperative banks for eligible societies.
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Allahabad High Court Rules DRC-07 Discrepancy Constitutes Clerical Error Under GST
Allahabad HC sets aside GST rectification rejection regarding DRC-07 mismatch, ruling it an apparent clerical error and remanding for fresh review.
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Rajasthan High Court Quashes Time-Barred Income Tax Reassessment Notice
Rajasthan High Court sets aside an income tax reassessment notice issued beyond four years, ruling it time-barred under Section 149.