GSTN has revamped Table 6 in GSTR-9 for FY 2024-25 to clearly separate current and previous year ITC claims, reducing mismatches, scrutiny, and compliance hassles for ...

ITAT ruled that CPC's adjustment denying the Section 80IE deduction without prior intimation may violate Section 143(1)(a); the matter was remanded to verify if the assessee was given an opportunity ...

ITAT holds that filing audit report late due to Covid-19 is a procedural lapse, not a ground to deny exemption, following ...

The core issue was the denial of Foreign Tax Credit (FTC) due to two contradictory CIT(A) orders, one of which cited the late filing of Form 67. The ITAT ruled that since Form 67 was filed before the ...

Many everyday savings account transactions can attract Income Tax Department scrutiny. Large cash deposits, credit card ...

The 9-year-old gelding is the oldest horse at this year's World Championships and will tie the Breeders' Cup record with five ...

The Karnataka High Court set aside the PCIT's rejection of a condonation delay application for late online Form 68 filing. The court adopted a justice-oriented view, directing a fresh, liberal ...

Wauwatosa Mayor warns of property tax hike after FEMA aid denial Trump administration looking to sell nearly 200 commissary ...

Propositions banning a death tax, a financial transactions tax, and a capital gains tax aren’t the only 2025 ballot measures set to make Texas even more competitive.

Gauhati High Court held that the Summary of the SCN issued in FORM GST DRC-01 does not substitute the proper SCN required under Section 73(1) of both the Central and State GST Acts. Accordingly, order ...

Congressman Sanford Bishop warns Georgia families could lose ACA tax credits as shutdown continues SCOTUS majority declines ...

The GST portal has been updated to enable online filing of Goods and Services Tax (GST) annual return using form GSTR-9. Moreover, the reconciliation statement using the GSTR-9C form has also been ...