Posted inBlog
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.
Posted inBlog
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.
Posted inBlog
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.
Posted inBlog
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.
Posted inBlog
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.
Posted inBlog
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.
Posted inBlog
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.
Posted inBlog
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.
Posted inBlog
57th GST Council Meeting: Key Reforms to Registration, ITC, Refunds and Enforcement
Explore the major updates from the 57th GST Council meeting regarding registration, input tax credit, refunds, arrest powers, and enforcement.
Posted inBlog
GST Section 130 and Section 74 Cannot Duplicate Tax on Same Goods
Explore the legal analysis of whether GST can be demanded twice on excess stock under Sections 130 and 74, referencing constitutional protections.