No Capital Gains When Assessee Is Only Legal Joint Owner & Not Beneficial Owner ...

Signature and DIN are Essential Components of Valid GST Assessment Orders and Notices – Andhra Pradesh High Court Strikes Down Unsigned and DIN-Less GST Orders: The Andhra Pradesh High Court, in the ...

Taxation is the backbone of modern economies, enabling governments to fund public services, infrastructure, and welfare systems that support the health and well-being of citizens. The way taxes are ...

Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25) All Government transactions done by agency banks for the ...

The move is expected to streamline trade settlements and reduce dependency on third-party currencies. The circular, issued under Sections 10 (4) and 11 (1) of the Foreign Exchange Management Act (FEMA ...

The quantum of carry forward losses under the Income Tax Act, 1961. 2. A breakdown of losses by specific categories. 3. Applicable time limits for utilizing these losses. 4. A statement specifying if ...

Citing legal provisions, CAAR Mumbai upheld its decision to reject the application, emphasizing that a ruling on the matter was already under judicial review. The case underscores the limitations of ...

CAAR Mumbai noted that the case bore strong similarities to the ruling by the Customs, Excise, and Service Tax Appellate ...

However, CAAR Mumbai examined the technical specifications and observed that similar classification issues had already been addressed in prior rulings. The authority referred to the case of M/s.

In conclusion, CAAR Mumbai formally rejected the application and disposed of the case, underscoring that legal provisions prevent duplicate proceedings on the same issue. The decision highlights ...

Mumbai, addressed Apple India Private Limited’s application for renewing an earlier advance ruling on the classification of ...

Delhi High Court dismissed the writ as no question of law arises since ITAT duly confirmed addition by treating share application money as sham transaction. Accordingly, writ disposed of.