News

A simple guide to GST registration for small businesses in India. Understand the process, required documents, and benefits of ...
The ITAT Mumbai deleted a penny stock addition, ruling that the income tax department's reliance on suspicion and a general investigation report was insufficient to dislodge the assessee's proof of ...
Indian Prime Minister Narendra Modi confronts U.S. President Donald Trump's unilateral tariff imposition. India is urged to devise a strategic ...
The ITAT Mumbai has ruled that brought-forward business losses cannot be set off against short-term capital gains from the sale of depreciated assets, upholding the ...
ITAT Delhi deleted penalties against Sahara India Commercial, citing a defective "omnibus" notice and a time-barred, invalid reassessment based on "borrowed ...
ITAT Delhi held the reopening of an assessment invalid for Viramgam Mahesana Project Limited, ruling against borrowed satisfaction and a "change of opinion" by the Assessing ...
A professional analysis of interim financial reporting under AS 25 and Ind AS 34, covering key principles, regulatory context, and practical applications in ...
The ITAT Mumbai quashed a penalty against an assessee, ruling that the penalty order was time-barred as it was issued beyond the limitation period specified under Section ...