Delhi ITAT ruled that where sales are accepted, full purchase disallowance is unjustified. Citing Bombay HC, it restricted the addition for bogus purchases of Rs. 23.5 Cr to 12.5% profit element.
The Tax Reform Commission’s recent report is a good example of how a cross-community group can come together to make ...
On September 2, 2025, ITAT Delhi granted partial relief to taxpayer Husain, reducing his unexplained investments from Rs 7.82 ...
The ITAT Mumbai struck down a PCIT's Section 263 revisionary order against Hampi Expressways, ruling it void because it was passed without issuing a show cause notice or hearing the taxpayer on the ...
Federal statistical agencies face increasingly overt politicization by the Trump Administration on top of chronic ...
Diploma of Screen and Media will now be eligible to apply for direct entry into the second year of AFTRS’ Bachelor of Arts Screen: Production. Successful applicants will receive advanced standing for ...
Tropical Storm Imelda is expected to bring high levels of rain and potential flooding across the state on Monday and Tuesday.