Where a person is not liable to registration under the Act but is required to make any payment under the provisions of the ...

The case involves three appeals filed by members of the same family against penalty orders issued under Section 271(1)(c) of ...

Background: Section 14A of the Income Tax Act, 1961, deals with the disallowance of expenditure incurred to earn exempt ...

Bombay High Court dismissed a petition by Laxminath Investment & Management Consultants Pvt. Ltd., challenging the transfer ...

Madras High Court held that e-way bill containing address of additional place of business which is not registered under GST is only procedural irregularities hence imposition of penalty under section ...

Central Tax dated 23rd January 2025, has announced a waiver of excess late fees under Section 47 of the Central Goods and Services Tax (CGST) Act, 2017. This waiver applies to late fees incurred for ...

NOTIFICATION New Delhi, the 23rd January, 2025 G.S.R. 71 (E).— In exercise of the powers conferred by section 9A of the Narcotic Drugs and Psychotropic Substances Act, 1985 (61 of 1985), the Central ...

In past couple of years, there have been notable updates to India’s Goods and Services Tax (GST) and Tax Collection at Source (TCS) under Income Tax Act, 1961 regulations affecting travel agents and ...

So accordingly Maximum Rate of Tax should be 25% for Individual, HUF, AOP and BOI. Same way tax on Firms, LLP and Companies should be 25%. Standard Deduction which was increase from 50,000 to 75,000 ...

Over the past few decades, the manufacturing and services sectors have increasingly contributed to the growth of the economy, while the agriculture sector’s contribution has decreased from more than ...

Noted that, Section 73 of the Central Goods and Services Tax Act, is only attracted when it appears to proper officer that any tax has not been paid or short paid or erroneously refunded or where ...

If you are a Business Owner or an Entrepreneur or a Professional, this write-up is for you. -Every time a new year approaches, we take resolutions for the upcoming year. -This time take resolutions ...