Tax Guru41m
GST refund can be granted under IDS as per modified formula: Gujarat HC
(“the Petitioner”) filed common issue of rejection of refund applications based on Section 54(3) of the CGST Act read with ...
Tax Guru4m
CPRI Bengaluru Approved for Scientific Research Tax Benefits
In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with Rules 5C and 5D of the Income-tax Rules, 1962, the Central ...
Tax Guru38m
Accused Cannot Be Held Beyond 60 Days Without Complaint Under GST Laws: Delhi HC
Accused/Taxpayer cannot be kept in custody beyond the period of sixty days if complaint has not been filed pursuant to investigation for offences specified under GST Laws: Delhi HC ...
Tax Guru56m
Notional Income Winding-Up Costs Not Taxable in Transfer Pricing: ITAT Delhi
The Income Tax Appellate Tribunal (ITAT), Delhi, delivered a significant ruling on January 10, 2025, in the case of Motricity India Pvt. Ltd. v. DCIT (ITA No. 1092/DEL/2023), addressing critical ...