In a recent ruling, the Madras High Court overturned the rejection of Goods and Services Tax ( GST ) refund application due to the Discrepancies between Inverted Turnover and GSTR 1, 3B and 2A The

In a recent ruling, the Madras High Court condoned the delay of 927 days. The court considered the failure to file the Income Tax Returns ( ITR ) on grounds of illness and subsequent  demise

The HP invited applications for the post Accounting & Audit Services COE Director. Qualification First level university degree with a focus in business or economics; advanced degree and/or accounting certification (e.g., CA, CPA) strongly preferred

The Madras High Court directed the Income Tax department to open the portal for the petitioner. The bench quashed the assessment order adding Rs. 16 crores as unexplained expenditure without providing reasonable time to explain.

The Madras High Court ruled that the demand in the computation sheet and the demand notice cannot be sustained if the income tax assessment order did not propose any additions. The bench quashed the computation

LTIMindtree, a tech consulting firm, is challenging a hefty tax bill of Rs 155.7 crore issued by the Maharashtra GST department. This sum includes penalties and interest charges levied on the company. The dispute stems

In a recent ruling, the Delhi High Court overturned a demand order, citing the failure of the Goods and Services Tax (GST) proper officer to consider the taxpayer's response, thus indicating a lack of due

The Kolkata bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) set aside the demand of service tax as Overseas Logistics Service Providers ( OLSPs ) are not providing service as

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the disallowance under Section 14A of Income Tax Act, 1961 read with Rule 8D of the Income Tax Rule, 1962 as the

The Institute of Chartered Accountants of India ( ICAI ) has invited students appearing for the May 2024 CA Final and Intermediate exams to submit their observations on the question papers. This feedback mechanism allows

The ITAT has directed Asian Paints to file necessary documents after the company failed to furnish supporting details for its deduction claim of sundry balances written off.  The Asian Paints has written off various old

The Kerala Goods and Services Tax ( GST ) Department has instructed the taxpayers aggrieved with the orders of First Appellate Authority, to file a form of declaration with the proposal for filing of appeals

The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) after observing the deduction under Section 36(1)(xii) of Income Tax Act, 1961 can only claim with respect to expenditure incurred on Promotional Activities “notified entities” directs readjudication for examining the

The Madras High Court has issued a directive for the reconsideration of a case concerning the confirmation of tax liability due to a discrepancy between GSTR 3B and GSTR 1 returns. This decision stems from

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld Transactional Net Margin Method ( TNMM ) over Central Processing Unit ( CPU ) benchmarking export transactions under manufacturing segment  The LANXESS