New Guidelines: Prior Approval Needed for GST Probes on Big Corporates, MNCs
To ensure transparency, CGST officials now require written approval before investigating major corporations.
The Department of Revenue mandates approval from the Principal Commissioner for investigations...
ITAT Delivers Landmark Verdict: TDS Exemption for Foreign Support Services Expenses
In a groundbreaking ruling, the Income Tax Appellate Tribunal (ITAT) Delhi has declared that expenses incurred for management and marketing support services paid to...
Payments to Doctors Subject to TDS Provisions Under Section 194J, Not 192: ITAT Rules
In a recent ruling, the Delhi Bench of Income Tax Appellate Tribunal (ITAT), led by M. Balaganesh (Accountant Member) and Anubhav Sharma (Judicial Member),...
Deadline Alert: March 31st Last Day to Submit Tax-saving Proofs for LTA Exemption!
Salaried individuals, eager to maximise their tax savings, are reminded of the impending deadline—March 31st—to submit essential proofs to their employers for availing Leave...
200% Income Tax Penalty Looms if ITR-U Missed by March 31: Ensure You’re Covered
The consequences of skipping Income Tax Return (ITR) filing can be dire, but there's still a chance to dodge prosecution and hefty fines. Here's...