WhatsApp chats lead to Rs 22.5 crore tax demand for a taxpayer – ITAT ruling clarifies what counts as evidence
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi struck down a Rs 22.5 crore tax addition made […]
Madhya Pradesh LoP Singhar writes to FM Sitharaman for probe into alleged GST evasion
The Madhya Pradesh Leader of Opposition (LoP) and veteran Congress leader, Umang Singhar, on Monday, wrote a letter to the
GST portal update may affect 13.8 lakh taxpayers in Gujarat
More than 13.8 lakh businesses and traders in Gujarat, including thousands in Ahmedabad, may see a change in their monthly
349 GST appeals pending, no arrears in Goa
The commercial tax department said 349 goods and services tax (GST) appeals are currently pending before the appellate authorities of
2.1 million individuals now have tax liability above Rs 5 lakh
The share of individual return filers with annual tax liability of Rs 5 lakh and above has shown a consistent
Maruti gets ₹5,786 cr income tax order; to challenge before dispute resolution panel
Maruti Suzuki India (MSI) on Tuesday said it has received a draft assessment order worth ₹5,786.4 crore from the income
Complaint Filed Over GST Evasion, Fund Misuse at Amguri School
A formal complaint has been submitted to the Assam Vigilance and Anti-Corruption (VAC) wing alleging misappropriation of government funds and
Income Tax Dept sets up 24×7 control room in Assam to curb black money ahead of Assembly polls
The Income Tax Department has set up a 24×7 control room in Assam to monitor and curb the use of
ICAI Releases Comprehensive Frequently Asked Questions (FAQs) on Section 8 Companies under the Companies Act, 2013
The Institute of Chartered Accountants of India (ICAI) has released a comprehensive publication titled “Frequently Asked Questions on Section 8
Income tax return filing: Key errors to avoid when reporting overseas assets in ITR
As the financial year approaches its close on March 31, taxpayers with overseas financial interests may need to pay close
