Advance Tax Alert: Missed the March 15 Deadline? Avoid S. 234C Penalty with This Option
The advance tax deadline for the fourth and final installment — March 15, 2025 — has come and gone. If you’re a salaried employee who has earned...
![Advance Tax unutilised under VAT allows to be Transitioned u/s 140 of TNGST Act: Madras HCÂ [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Advance-tax-transition-TNGST-Madras-High-Court-VAT-Tamil-Nadu-VAT-taxscan.jpg "Advance Tax unutilised under VAT allows to be Transitioned u/s 140 of TNGST Act: Madras HCÂ [Read Order]")
Rs. 50 Lakhs Cash Seized on Search u/s132 of Income Tax: Delhi HC directs to Treat Seized Cash as Advance Tax [Read Order]
The Delhi High Court in a recent case held that cash seized on search under section 132 of the Income Tax Act, 1961 can be treated as advance tax. The department had seized 50 Lakhs Cash from the...
![Rs. 50 Lakhs Cash Seized on Search u/s132 of Income Tax: Delhi HC directs to Treat Seized Cash as Advance Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Cash-Seized-on-Search-Cash-Cash-Seized-Seized-on-Search-Income-Tax-Delhi-High-Court-High-Court-taxscan.jpg "Rs. 50 Lakhs Cash Seized on Search u/s132 of Income Tax: Delhi HC directs to Treat Seized Cash as Advance Tax [Read Order]")
Gauhati HC allows Interim Stay on Coercive Measures on issue of Refund/Adjustment of Advance Tax paid to Income Tax Dept [Read Order]
The Gauhati High Court has granted interim relief to the Writ Petitioner, Greenlam Industries Limited, from coercive measures on the issue of refund/adjustment of advance tax paid to the Income Tax...
![Gauhati HC allows Interim Stay on Coercive Measures on issue of Refund/Adjustment of Advance Tax paid to Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Gauhati-HC-Coercive-Measures-Refund-Advance-Tax-Income-Tax-TAXSCAN.jpg "Gauhati HC allows Interim Stay on Coercive Measures on issue of Refund/Adjustment of Advance Tax paid to Income Tax Dept [Read Order]")
Complete Case Digest on Tamil Nadu Authority for Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR) -Part 2
An advance ruling helps the applicant in planning his activities which are liable for payment of GST, well in advance. It also brings certainty in determining the tax liability, as the ruling given...
![Advance Tax Not Payable If Assessee is Above Age of 60 Years having No Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Advance-Tax-Tax-Income-Tax-Business-Income-ITAT-taxscan.jpg "Advance Tax Not Payable If Assessee is Above Age of 60 Years having No Business Income: ITAT [Read Order]")