Posted inBlog
ITAT Pune Clarifies Legal Standing of Assessments Against Deceased Taxpayers
ITAT Pune clarifies that tax assessments initiated during a taxpayer's lifetime remain valid post-death, requiring reassessment in the legal...
Posted inBlog
ITAT Rules Technical Errors in ITR Filing Do Not Void Section 80P Deductions
Discover how a new ITAT ruling protects Section 80P deductions for cooperative societies despite minor technical ITR filing errors.
Posted inBlog
ITAT Rules Against Automatic Rejection of Chapter VI-A Deductions Following Filing Errors
ITAT rules against automatic rejection of Chapter VI-A deductions for tax return errors, ensuring fair assessment and verification.
Posted inBlog
ITAT Pune Quashes Reassessment Order Over Cooling-Off Period Violation
ITAT Pune invalidates a reassessment order, reinforcing taxpayer rights and strict procedural compliance regarding the cooling-off period.
Posted inBlog
ITAT Ruling Strengthens Taxpayer Defense Against Section 68 Additions
The Income Tax Appellate Tribunal (ITAT) recently ruled in favor of an assessee, deleting a contentious addition under Section 68 of the Income Tax Act after determining that a mere…
Posted inBlog
ITAT Invalidates Reassessment Notices Issued Without Proper Statutory Sanction
ITAT rules reassessment notices issued after 3 years without proper PCCIT/CCIT sanction are invalid, impacting tax proceedings.
Posted inBlog
FinMin Empowers ICICI, Groww, Upstox as Reporting Entities under PMLA Aadhaar Authentication Framework
India's FinMin empowers ICICI, Groww, Upstox for Aadhaar authentication under PMLA, boosting KYC and anti-money laundering efforts.
Posted inTaxation and Legal Insights
Latest GST Case Laws: Legislative Fix in Motion to Address Composite SCN Issue
Introduction to GST and the Importance of Case Laws The Goods and Services Tax (GST) is a significant achievement in the realm of tax reform in India, implemented with the…
Posted inBlog
New GSTN Advisory on GSTR-3B Interest Re-computation
The Goods and Services Tax Network recently issued a significant advisory regarding the re-computation of interest for taxpayers filing GSTR-3B under Table 5.1. This development comes as a major relief…
Posted inBlog
Taxpayer’s Selection of ‘No’ for a Personal Hearing Cannot Override the Statutory Requirement of Granting a Hearing: High Court
The judiciary has recently delivered a pivotal clarification regarding the rights of taxpayers under the GST regime. The High Court ruled that selecting the 'No' option for a personal hearing…