Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
Time Limits for Income Tax Action: What Taxpayers Must Know
The law prescribes strict timelines within which tax officers can initiate proceedings, whether under routine assessment or in cases of income...
![Excess Stock calls for Proceedings u/s 73/74 of GST Act: Allahabad HC quashes Order u/s 130 [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/250x150_2080781-allahabad-high-court-gst-act-excess-stock-calls-taxscan.webp "Excess Stock calls for Proceedings u/s 73/74 of GST Act: Allahabad HC quashes Order u/s 130 [Read Order]")
![Supreme Court reaffirms Illegality of Cash Seizures in GST Search Operations [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079759-supreme-court-taxscan.webp "Supreme Court reaffirms Illegality of Cash Seizures in GST Search Operations [Read Order]")
![[BREAKING] 56th GST Council Meeting Scheduled for Sept 3 and 4](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079791-breaking-56th-gst-council-meeting-scheduled-taxscan.webp "[BREAKING] 56th GST Council Meeting Scheduled for Sept 3 and 4")
Central Govt publishes Final Findings in Anti-Dumping Investigation of Liquid Epoxy Resin Imports [Read Order]
The Central Government, through the Directorate General of Trade Remedies (DGTR), has published its final findings in the anti dumping investigation concerning imports of Liquid Epoxy Resin...
![Central Govt publishes Final Findings in Anti-Dumping Investigation of Liquid Epoxy Resin Imports [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079754-resin-imports-taxscan.webp "Central Govt publishes Final Findings in Anti-Dumping Investigation of Liquid Epoxy Resin Imports [Read Order]")
Book profit to be increased by Expenses debited to P&L w.r.t. exempt income, not Disallowance u/s 14A: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has clarified that while computing book profits under Section 115JB of the Income Tax Act (MAT provisions), only the actual expenditure...
![Book profit to be increased by Expenses debited to P&L w.r.t. exempt income, not Disallowance u/s 14A: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078946-disallowance-us-14a-it-act-for-computing-book-profit-us-115jb-act-itat-taxscan.webp "Book profit to be increased by Expenses debited to P&L w.r.t. exempt income, not Disallowance u/s 14A: ITAT [Read Order]")
![CBDT notifies Income Tax Exemption to Kanpur Development Authority [Read Notification]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079658-cbdt-income-tax-exemption-kanpur-development-authority-taxscan.webp "CBDT notifies Income Tax Exemption to Kanpur Development Authority [Read Notification]")
Ministry of Finance appoints Anuradha Thakur as Alternate Governor on Board of Governors for AfDB [Read Notification]
The Ministry of Finance has notified that Ms. Anuradha Thakur, Secretary, Department of Economic Affairs, has been appointed as India’s Alternate Governor on the Board of Governors of the African...
![Ministry of Finance appoints Anuradha Thakur as Alternate Governor on Board of Governors for AfDB [Read Notification]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078956-anuradha-thakur-afdb.webp "Ministry of Finance appoints Anuradha Thakur as Alternate Governor on Board of Governors for AfDB [Read Notification]")