A consultation proposes mapping legacy authorized services to GST SAC codes to fix invoice mismatches and ambiguity. The key ...

Whether outstanding purchase consideration can be treated as unexplained money. Addition quashed. Takeaway: Deferred payments later settled via banks with TDS cannot be taxed on ...

ITAT Mumbai held that goodwill arising from slump sale of a going concern is a depreciable intangible asset under section ...

The tribunal has instructed registries not to flag defects of form that do not affect merits. This eases compliance during early portal ...

The dispute concerned the correct terminal point for computing six assessment years under section 153C. The Tribunal held that using the search date instead of the satisfaction date vitiated the ...

The issue was whether the appellate authority could bypass jurisdictional objections by remanding the case. The tribunal held ...

The traditional Halwa Ceremony marks the start of the confidential lock-in phase for Budget officials. It confirms that preparations for the Union Budget 2026–27 have entered their final ...

The issue is whether gold’s sharp rise is sudden or structural. The data shows a steady climb driven by global uncertainty, making gold a long-term safe-haven rather than a short-term ...

The ruling clarifies that limitation for appointing an arbitrator starts only when negotiations fail and arbitration is clearly invoked. Mere existence of disputes does not trigger ...

Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the employer failed to deposit it. Recovery must be pursued only against the ...

The dispute arose from purchases made from vendors with weak tax profiles. The Tribunal held that vendor defaults do not justify section 69C when the assessee ...

The issue was rationalising which debt-listed entities should face enhanced compliance. SEBI held that only larger issuers with Rs. 5,000 crore or more in listed debt should be covered, easing the ...