New IT Bill 2025 raises effective tax on LLP long-term capital gains from 12.5% to 18.5%, expanding AMT scope regardless of ...

Learn how Section 54F can help you save tax on long-term capital gains from assets like land or gold by investing in a ...

An ICAI disciplinary committee removed a CA from the register for 90 days and fined him Rs. 20,000 for gross negligence and false declarations in incorporating 15 companies and LLPs with fabricated ...

Gujarat High Court confirms GST ITC reversal for R V Enterprises due to non-genuine supplier and unpaid tax, quashing penalty over procedural ...

J&K&L High Court rules that calling for Jammu and Kashmir's secession as 'occupied territory' is 'unlawful activity' under UAPA, restoring charges in a key ...

ITAT Pune rules unregistered trusts are taxed only on net income, not gross, even with ITR filing errors, emphasizing substantive ...

ICAI Disciplinary Committee orders removal from register and fine for CA Rahul Chillal due to negligence in verifying company incorporation documents and registered ...

Meghalaya High Court directs tax authorities to accept a manually filed revised IT return from Shyam Century Ferrous Ltd. for a mistake, citing a Delhi HC ...

Calcutta High Court restores reassessment for bogus LTCG, finding ITAT erred by ignoring AO's evidence and satisfaction in a penny stock scam, citing Supreme Court ...

Gujarat High Court rejects bail for a woman accused in a Rs. 14 lakh cyber fraud, citing impersonation as IT/Customs officials, use of forged documents, and concerns about absconding due to foreign ...

ITAT Pune remands case regarding set-off of brought-forward business losses against deemed short-term capital gains from depreciable assets, citing judicial precedents and scope of Section ...

Kerala High Court invalidates income tax reassessment for AY 2016-17, citing a statutory time bar as escaped income was below the ₹50 lakh ...