ITAT Ahmedabad ruled that a notice under section 148 issued beyond the statutory period is invalid, quashing a ₹115 crore reassessment of a share-trading company. The Tribunal emphasized adherence to ...

The MCA has increased the financial limits for small companies, reducing compliance requirements while retaining key statutory obligations, enabling easier growth and operational ...

Section 135 of the Companies Act, 2013 requires eligible companies to spend 2% of average profits on approved CSR activities, ensuring corporate contributions to education, health, environment, and ...

The CBDT includes “or extended” in the July ITR Form for non-audit individuals due to frequent deadline extensions, while keeping October deadlines fixed for audit-related ...

Tamil Nadu GST AAR rejected a request on granting multiple registrations at a single virtual office, clarifying that advance rulings apply only to the applicant’s own GST ...

Renting a property to an unregistered entity for providing residential accommodation to students and professionals does not ...

The Tamil Nadu AAR ruled that GST does not apply to funds deposited by shippers and forwarded to carriers without deductions, as the applicant merely acts as a ...

The ruling held that rent for a godown used to store paddy is exempt from GST because paddy qualifies as agricultural produce. The decision confirms that storage services for eligible produce fall ...

The ruling holds that non-monetary benefits on which TDS is deducted qualify as consideration for support services. It affirms that such benefits constitute taxable supply under ...

The government notified a historic temple as eligible under Section 80G due to its cultural significance. Deductions apply only for renovation donations capped at ₹50 crore, valid until collection or ...

Authority held that information sought had already been addressed in a prior appellate order and advised applicant to pursue appropriate remedies. key takeaway is that RTI appeals cannot reopen ...

The Supreme Court held that filing chargesheets without sufficient evidence wastes judicial resources and risks unfair prosecution. Only cases with a reasonable prospect of conviction should ...