Taxpayers across India are expressing growing frustration over what they claim are significant delays in the processing of their income tax refunds for the Assessment Year ...

The Institute of Chartered Accountants of India (ICAI) recently held a convocation across 15 cities, welcoming 13,737 new members to the ...

The EPFO has raised its ex-gratia payment for deceased employees to Rs. 15 lakh, with an annual 5% increase effective April 1, ...

A summary of India's tax framework for Virtual Digital Assets (VDAs), including the flat 30% tax on gains, 1% TDS, and the ITAT ruling on pre-2022 ...

The ITAT Chennai has canceled a penalty against Anna University's Institute for Ocean Management after the underlying tax addition was deleted by the ...

ITAT Chennai ruled that a taxpayer isn't obligated to prove 'source of source' for funds, deleting an addition on a property ...

ITAT Chennai dismisses the Revenue's appeal, upholding a temple's claim for tax exemption under Section 11 despite a delayed registration and return filing for AY ...

TAT Chennai invalidates a tax reassessment notice issued by a local officer, affirming the mandatory nature of the faceless tax regime as per judicial ...

Post-tariff, robust costing is crucial for MSMEs to survive and compete. It helps businesses fix prices, reduce wastage, and improve ...

ITAT Chennai has ruled that training in classical dance constitutes  education under Section 2(15) of Income Tax Act 1961. This decision came after CIT (Exemptions) rejected Kalasadhanalaya 80G ...

ITAT Chennai dismisses Midas Golden Distilleries' appeal, upholding addition of ₹2.64 crore as unaccounted income based on a director's admission and corroborated search ...

The ITAT Pune has remanded the M.B. Patil Constructions case for re-verification of the 80-IA deduction and deemed dividend, while upholding partial ...