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NuPower Renewables Pvt. Ltd. had filed its original return of income on September 29, 2011, declaring a loss, and a revised return on March 31, 2012. A scrutiny assessment under Section 143 (3) of the ...
Beyond the merits, the ITAT’s decision, affirmed by the High Court, rested on a crucial technical ground: the deemed grant of registration due to the CIT (E)’s prolonged delay in passing the order ...
Advance tax shall be payable during a financial year in every case where the amount of such tax payable by the assesse during that year, as computed in accordance with the provisions of Section 208 is ...
GST Registration Saga: Social Media Post Triggers Swift Clarification from Finance Ministry and CBIC ...
It is definitely in the fitness of things that the Delhi High Court said that it salutes and acknowledges the dedication of ...
ITAT Mumbai held that reopening of assessment under section 147 of the Income Tax Act is liable to be quashed in as much as objections raised by the assessee were not disposed of by AO by passing a ...
State of Bihar & Ors. (CWJC No. 17860 of 2024), the taxpayer, a works contractor for the Government of Bihar, had filed his GSTR-3B return for March 2020 belatedly. The tax officer has confirmed the ...
Limited liability is one of the most appealing advantages of a private limited company. Limited liability means shareholders are legally responsible only for a certain limited amount of debts or in ...
Hello, Income Tax return filing for FY 2024-25 has been started. We all are know that new regime is the default regime for FY 2024-25. If any assessee wants to file the ITR in old regime than he can ...
Vague SCNs Violate Fundamental Taxation Norms The GST regime is underpinned by principles of transparency, fairness, and adherence to the rule of law. The judiciary, across forums, has consistently ...
India’s online gaming industry is currently valued at US$ 2.6 billion, with a user base of over 180 million. The sector has attracted US$ 2.5 billion in investments and created major unicorns like ...
The newly introduced Income Tax Bill,2025 (IT bill), presents a transparent and clear legal framework classifying Virtual Digital Assets (VDA), including cryptocurrencies and Non-Fungible Tokens (NFTs ...