The number of income tax return (ITR) filings in India has increased over the past five years, with state-wise and year-wise data highlighting the trend. A significant portion of these filings result ...

The Competition Commission of India (CCI) issued an order under Section 27 of the Competition Act, 2002, restricting WhatsApp from sharing user data with Meta or its affiliated products for ...

This notification announces the implementation dates for certain provisions of the Central Goods and Services Tax (Amendment) Rules, 2024. As per the notification, Rules 2, 24, 27, and 32 will come ...

Government of India is expected to release soon, the much awaited The Income Tax Bill 2025 which is an exhaustive legislation covering all the aspects related to taxes on income in India. There are 23 ...

i. These regulations shall be called the Foreign Exchange Management (Manner of Receipt and Payment) (Amendment) Regulations, ...

ITO, the Telangana High Court dismissed the assessee’s appeal concerning the addition of ₹2,25,000 as unexplained income ...

For those Taxpayers who are able to substantiate their Tax invoices: All taxpayers who are sure that their invoices are not fake and have supporting documents to substantiate the same should take up ...

Kerala High Court held that recovery of tax arrears by income tax department from property that was already auctioned by Kerala General Sales Tax Act, 1963 [KGST] to realize tax payable under KGST is ...

Supreme Court held that one-sided agreements are covered by definition of term ‘unfair trade practice’. Thus, refund of amount in excess of 10% of Basic Sale Price towards cancellation of Complainants ...

IBBI cited Section 8 (1) (e) of the RTI Act, stating that the information from the Ministry of MSME was held in a fiduciary capacity and could not be disclosed. The appellant argued that withholding ...

Perquisites and Profits in Lieu of Salary are important components of taxable income under the Income Tax Act of 1961. These refer to additional financial benefits, compensations, or payments that an ...

Phishing is a deceptive tactic used by scammers to trick individuals into divulging confidential information. These attacks often mimic legitimate communications, such as emails, SMS messages, or ...