A complete overview of the statutory process for raising capital through a rights issue, including offer preparation, allotment, filings, and ...

The Tribunal ruled that offshore supply receipts could not be taxed as the Revenue failed to establish any Permanent Establishment. It confirms that FOB-based offshore execution shields non-residents ...

Exceeding ₹2.5 lakh B2B output tax liability under Rule 14A risks GST registration cancellation and ITC disruption. Learn how to transition to normal registration ...

Tribunal upheld 153C jurisdiction based on seized documents and statements, but rejected the AO’s full bogus-purchase addition, sustaining only a 10% profit estimation after book rejection under ...

Explains that revenue records alone don’t qualify land as agricultural; actual use determines tax treatment. Key takeaway: Land used commercially may attract capital gains tax despite agricultural ...

The Court held that the negative blocking of Input Tax Credit under Rule 86A CGST was ultra vires, directing authorities to restore ₹5.56 lakh ITC within 15 days, reaffirming taxpayer ...

PPIRP offers a rapid, low-cost alternative to traditional insolvency but adoption remains limited due to creditor consensus requirements, NCLT delays, and low MSME ...

The advisory explains that registrations will be automatically suspended if bank account details are not furnished within 30 days. It highlights the process for updating details and restoring ...

ITAT held that charitable trusts without member-wise income shares cannot be taxed at 30% MMR. Tax must be applied at normal slab rates per CBDT Circular ...

CIT(A)’s order upheld; assessee acted as a middleman, and no evidence supported AO’s mechanical addition. Only Rs.15.42 lakh ...

ITAT Pune held that rejection of application for registration under section 12A read with section 12AB of the Income Tax Act ...

The tribunal approved the resolution plan after the anchor bidder outperformed the challenger during the Swiss Challenge. The ...