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ITAT Deletes Section 68 Addition of Rs 24.01 Lakh on Machinery Sale
Learn how the Rajkot ITAT deleted a Section 68 addition of Rs 24.01 lakh on machinery sale receipts supported by proper books and balance sheets.
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Understanding Gross Total Income Heads and Taxation Rules
Explore the five heads of income under the Income-tax Act, including salary components, deductions, gratuity, allowances, and perquisite taxation.
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Rajasthan High Court Rules Road Annuity Payments Constitute Works Contracts Under GST
Rajasthan High Court determines that road construction annuity payments are taxable as works contracts under GST, denying exemptions and advance rulings.
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GST on Royalty and Brick Kiln Regulating Fees After MADA Reassessment
Explore the post-MADA reassessment of Goods and Services Tax on mining royalty and brick-kiln regulating fees, covering SAC codes, reverse charge, and tax interest.
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IRDAI Rejects Anatoly Broker Application Due to Promoter Disclosure Failures
IRDAI has officially rejected Anatoly's broker application following undisclosed promoter connections and regulatory violations linked to Kaveri.
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Net Direct Tax Collections Surge 13.21% Reaching Milestone in FY 2026-27
Net direct tax collections climbed 13.21% to Rs 13,37,866.98 crore for the financial year 2026-27 as of October 14, 2026, alongside an increase in refunds.
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Supreme Court Dismisses Revenue SLPs in Reliance Industries Amalgamation Tax Dispute
Supreme Court dismisses Revenue SLPs following a fresh tax notice in the Reliance Industries amalgamation tax dispute after Bombay HC ruling.
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Calcutta High Court Rules DRI Summons Disputes Under Customs Act Must Go To Revenue Roster Bench
Calcutta High Court determines that challenges regarding Directorate of Revenue Intelligence summons under the Customs Act belong to the Revenue roster bench.
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Madras High Court Rules GST Cannot Be Levied on Projected Revenue Before Construction
Madras HC rules that Goods and Services Tax cannot be imposed on projected revenue prior to construction. Read about the court order and fresh assessment.
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Understanding PMLA Attachment and Property Possession Rights During Trial
Explore how legal tribunals protect property possession during PMLA attachment proceedings while maintaining restrictions until trial conclusion.