Mahindra Lifespace Receives ₹2.09 Crore Tax Demand from TN GST Dept
Mahindra Lifespace Developers, a well-known real estate firm has received a Rs. 2.09 crore tax demand by the Goods and Services Tax ( GST )...
![[BREAKING] CIT(A) directs AO to allow Income Tax 87A Rebate on STCG earlier Disallowed by Portal during Processing FY 2023-24 ITR Post-Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CITA-AO-Income-Tax-87A-Rebate-STCG-Disallowed-Portal-Processing-FY-2023-24-ITR-post-verification-taxscan.jpg "[BREAKING] CIT(A) directs AO to allow Income Tax 87A Rebate on STCG earlier Disallowed by Portal during Processing FY 2023-24 ITR Post-Verification [Read Order]")
![Denial of Deduction u/s80P(2)(a)(i) to Souharda Cooperative Society citing provision of Banking Facilities to Nominal Members: ITAT Remits for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Denial-of-Deduction-Souharda-Cooperative-Society-provision-of-Banking-Facilities-Banking-Facilities-to-Nominal-Members-ITAT-ITAT-Remits-Income-Tax-Appellate-Tribunal-Sahakari-Act-Taxscan.jpg "Denial of Deduction u/s80P(2)(a)(i) to Souharda Cooperative Society citing provision of Banking Facilities to Nominal Members: ITAT Remits for Verification [Read Order]")
![Maximum of Three Personal Hearings must be Provided Pursuant to GST DRC-01 Notice: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/GST-Madras-High-Court-Goods-and-Services-Tax-GST-Act-GST-DRC-01-TAXSCAN.png "Maximum of Three Personal Hearings must be Provided Pursuant to GST DRC-01 Notice: Madras HC [Read Order]")
Entities Claiming Charitable Status under GPU cannot Exceed 20% of Gross Receipts from Commercial Activities: Madras HC [Read Order]
In a recent ruling, the Madras High Court ruled that entities claiming charitable status under the "general public utility" ( GPU ) category as defined in Section 2(15) of the Income Tax Act, 1961,...
Neither Reply Filed nor Tax Amount Paid Arising from GSTR-2A and 3B Mismatch: Madras HC Orders Fresh Hearing [Read Order]
The Madras High Court set aside an Goods and Services Tax ( GST ) assessment order related to the financial year 2020-2021, directing a fresh hearing in a case involving discrepancies between...
![Neither Reply Filed nor Tax Amount Paid Arising from GSTR-2A and 3B Mismatch: Madras HC Orders Fresh Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Madras-High-Court-GST-Goods-and-Services-Tax-GSTR-2A-and-3B-Mismatch-taxscan.jpg "Neither Reply Filed nor Tax Amount Paid Arising from GSTR-2A and 3B Mismatch: Madras HC Orders Fresh Hearing [Read Order]")
19,969 Pending Cases at NCLT: Standing Committee Flags Procedural Delays and Manpower Shortages [Read Order]
The National Company Law Tribunal ( NCLT ) has a backlog of 19,969 cases, as per the report of the Standing Committee on Finance. The committee has raised concerns over stating the procedural...
Revenue Demands ₹14.58 Crore Alleging Undisclosed Land Sale Receipts: Madras HC quashes Order Citing Insufficient Evidence [Read Order]
In a recent ruling, the Madras High Court quashed a tax demand of ₹14.58 crore over an alleged undisclosed cash receipt related to a land sale transaction citing insufficient evidence provided by the...
