CBIC extends the due date for furnishing FORM GSTR-7 for the month of December, 2024 vide Notification No. 05/2025 – Central Tax Dated: 10th January, 2025 ...

Seeks to extend the due date for furnishing FORM GSTR-5 for the month of December, 2024 ...

ITAT Ahmedabad directs CIT (A) to decide the denial of Foreign Tax Credit (FTC) due to delay filing of Form No. 67 to be decided with other pending appeal of the same assessment year. Accordingly, ...

ITAT Surat held that disallowance of unaccounted purchases restricted to 12.5% of purchases instead of 25% as held by CIT (A). Accordingly, addition towards unaccounted purchases restricted.

The ITAT’s order emphasizes the principle of natural justice, ensuring that the assessee has a fair chance to present his case. The appeal was allowed for statistical purposes, and the matter was ...

3. At the outset itself, both the parties fairly submitted that the order passed by the ld. PCIT u/s 263 stands quashed by the Tribunal vide order dated 01.10.2024. Since the 263 order itself has been ...

The ITAT acknowledged that the lack of response to the adjournment application resulted in a denial of the opportunity to be heard. The tribunal noted that allowing the assessee to present their case ...

Orissa High Court, in the case of Aman Enterprises vs. State of Odisha and Others, addressed the issue of delayed audit reports under Section 41(4) of the Orissa Value Added Tax (OVAT) Act and their ...

In the case of Ahmedabad Municipal Corporation Vs Commissioner of Service Tax (CESTAT Ahmedabad), the tribunal addressed the ...

In the case of Subhash Sharma vs. ACIT, the ITAT Kolkata addressed issues concerning unexplained income from a mother-son financial transaction. The appellant had initially declared an income of ₹3,61 ...

The appellant argued that the cost of improvement was necessary for making the property livable and that relevant evidence, including ledger accounts, was presented to support the claim. However, the ...

Filling Schedules FSI, TR, and FA in the ITR demands very careful reporting of foreign income, tax credits, as well as ...