Courts held that exemption cannot be denied merely due to lack of registration if possession and substantial payment are proven. The ruling emphasizes substance over procedural ...
The Tribunal held that different floors of the same building constitute one residential house. Deduction under Section 54 cannot be denied on the ground of structural ...
The Tribunal held that where registration is delayed, the stamp duty value on the agreement date must be considered. The ruling applies the beneficial proviso to Section 50C ...
This piece explains how speculative and unaccounted money overtakes genuine economic value, creating artificial growth. It highlights how such imbalance leads to financial bubbles and eventual ...
The court set aside denial of ITC refund based on intermediary classification without proper examination. It remanded the matter for fresh adjudication considering agreements and legal ...
The law replaces Form 26QE with Form 141 for VDA transactions from April 2026. Taxpayers must follow the new challan-cum-statement system for TDS ...
The ICAI postponed the CA Intermediate exams from 3rd May to 5th May 2026 citing unavoidable reasons. The revised schedule retains exam timings while shifting all Group I and II dates ...
ICAI reduced CA Final exam attempts from three to two annually based on stakeholder feedback. The exams will now be held only in May and November starting ...
The court stayed FIR proceedings for non-payment of VAT dues due to significant delay in filing. It held that delayed criminal action weakens prosecution and cannot be sustained ...
The tribunal held that gains from sale of shares did not fall under Article 14(4). It ruled that Article 14(6) applies, making gains taxable only in the country of residence. The decision clarifies ...
The article explains remedies available after adverse tax orders under scrutiny and reassessment. The key takeaway is that choosing the right remedy depends on identifying the exact defect in the ...
CCFS-2026 allows companies to clear pending filings at reduced costs. The key takeaway is penalty relief and a final chance to regularize ...