Customs introduces new regulations for post-export modifications to shipping bills, aiming to streamline export processes. It implements electronic amendments under Section 149 of the Customs Act, ...

1. IFSCA, vide circular dated May 31, 2023, specified the reporting norms for Fund Management Entities (FMEs). These norms were further amended, vide circular dated November 03, 2023, wherein the ...

Mumbai addressed an appeal filed by Maharashtra Mantralaya Shaskiy Karmachari Co-op Credit Society Ltd., contesting the disallowance of deductions under Section 80P(2)(a)(i) and 80P(2)(d) of the ...

ITAT Mumbai ruled in favor of Anushka Sanjay Shah, a non-resident Indian (NRI), in a dispute concerning the taxability of capital gains from mutual funds under the India-Singapore DTAA. The dispute ...

The Karnataka High Court, upon reviewing the matter, determined that Section 264 provides an effective remedy for the petitioner to challenge the order. As a result, the court dismissed the writ ...

Rohtak Panipat Tollway Private Limited Vs Deputy Director of Income Tax (Gujarat High Court) Gujarat High Court has set aside an order by the Deputy Director of Income Tax that ha ...

M/s. Kishor Projects P Ltd., 1st floor, Kalyan Park Society, Bhushan, Race Course Ring Road, Rajkot, Gujarat-360 001 [for ...

HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA exemption under Section 10 (13A) of the Income Tax Act if they pay rent for ...

In re Gujarat Narmada Valley Fertilizers & Chemicals Limited (GST AAR Gujarat) Gujarat Authority for Advance Ruling (AAR) has ...

Gujarat High Court held that re-opening of assessment solely relying upon information made available on the insight portal, without forming any independent opinion, is unsustainable in law and hence ...

The AAR examined Inox Air’s submissions, including procedural details of gas dispatch, delivery, and invoicing, as well as relevant provisions of the CGST Act and Rules. The AAR noted the difference ...

Assessee is a charitable institution who filed its return of income which was processed u/s 143 granting exemption u/s 11.