News

Blog, News, GST & Customs

April 17, 2025

ITC is Not Available on Purchase of Motor Vehicles Used in Research for Automobile Benchmarking Services | AAR

Case Details: A2Mac1 India (P.) … Continue reading “ITC is Not Available on Purchase of Motor Vehicles Used in Research for Automobile Benchmarking Services | AAR”

News, Blog, GST & Customs

April 17, 2025

Sale of Assets of Company-in-Liquidation by Liquidator Constitutes Supply of Goods/Services Under GST | AAR

Case Details: Maheshwary Ispat Ltd., … Continue reading “Sale of Assets of Company-in-Liquidation by Liquidator Constitutes Supply of Goods/Services Under GST | AAR”

Blog, News, GST & Customs

April 17, 2025

[Global IDT Insights] U.S. Raises China Tariffs to 125% Amid Retaliatory Trade Spat; Temporarily Eases Duties on Other Nations & Others

Editorial Team – [2025] 173 … Continue reading “[Global IDT Insights] U.S. Raises China Tariffs to 125% Amid Retaliatory Trade Spat; Temporarily Eases Duties on Other Nations & Others”

Blog, News, Income Tax

April 17, 2025

[Opinion] These New Relatives Can Give Gifts

Meenakshi Subramaniam – [2025] 173 … Continue reading “[Opinion] These New Relatives Can Give Gifts”

Blog, News, Account & Audit

April 17, 2025

Appropriateness of Adjusting Operational Losses Against Revaluation Reserve Under Ind AS Framework

The document examines the accounting … Continue reading “Appropriateness of Adjusting Operational Losses Against Revaluation Reserve Under Ind AS Framework”

Blog, News, GST & Customs

April 17, 2025

Aggregator of Third-Party Diagnostic Services is Covered Under Healthcare Services | AAR

Case Details: Medpiper Technologies (P.) … Continue reading “Aggregator of Third-Party Diagnostic Services is Covered Under Healthcare Services | AAR”

Blog, News, Income Tax

April 17, 2025

HC Can’t Issue a Mandamus to ITAT to Admit and Consider Additional Evidence if Order of ITAT Wasn’t Challenged | HC

Case Details: Commissioner of Income-tax … Continue reading “HC Can’t Issue a Mandamus to ITAT to Admit and Consider Additional Evidence if Order of ITAT Wasn’t Challenged | HC”

News, Blog, Insolvency and Bankruptcy Code

April 17, 2025

Writ Against SARFAESI Action Dismissed as Sec. 94 Plea Isn’t Maintainable Where Borrower Was a Proprietorship Firm | HC

Case Details: Ramesh Kothari v. … Continue reading “Writ Against SARFAESI Action Dismissed as Sec. 94 Plea Isn’t Maintainable Where Borrower Was a Proprietorship Firm | HC”

Blog, News, Income Tax

April 15, 2025

No Penalty Under Black Money Act if Assessee Was Only Joint Holder of Foreign Asset for Administrative Purposes | ITAT

Case Details: Sanjay Bhupatrai Shah … Continue reading “No Penalty Under Black Money Act if Assessee Was Only Joint Holder of Foreign Asset for Administrative Purposes | ITAT”

Blog, News, Income Tax

April 15, 2025

[Opinion] Section 194-IB – Arguable Case for Exemption to Salaried Individual From Deduction of Tax on Rent Paid

Gopal Nathani – [2025] 173 … Continue reading “[Opinion] Section 194-IB – Arguable Case for Exemption to Salaried Individual From Deduction of Tax on Rent Paid”