The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

The issue was whether a charitable trust could lose exemption due to late uploading of Form 10B. ITAT held that Form 10B is procedural and delay alone cannot defeat exemption when audit was completed ...

If you want a smoother experience, be organized when you get your taxes prepared, and the whole process will be much more ...

Court held that C-Forms could not be refused solely because inter-state purchases were mistakenly omitted from revised returns. The ruling directs issuance of Forms as transactions were genuine and no ...

The High Court allowed a religious society to submit delayed audit documents, citing the treasurer’s age and Covid-19 as ...

The Court ruled that deductions could not be denied when ST-15 forms were genuine though stolen, and the assessee had no role in the theft. It held that denying benefit would unjustly penalize the ...

Amend Section 486 to read: “Irrespective of anything contained in this Chapter, no person shall be prosecuted for any offence ...

The Court set aside the Tribunal’s order after holding that additional Form F declarations worth over ₹15 crore must be considered. It directed authorities to verify the forms and determine tax ...

The Tribunal noted that amendments introduced by the Finance Act 2024 permit fresh filings after commencement of activities. The delayed application was remanded to the CIT(E) for consideration under ...

Tribunal rules that procedural delay in filing Form 10B does not bar exemption under sections 11 and 12, following Supreme Court guidance on procedural ...

Travancore’s Mulakkaram, or breast tax, was a caste-based levy imposed on lower-caste women for covering their chests, ...