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Recent Posts
- New GST Changes from 1 October 2025 | NEXT GENT GST 2.0 Update
- Withdrawal of circular No. 212/6/2024-GST dated 26th June, 2024 – reg.
- GST Return FILING Changes from October 2025
- IMPORTANT INCOME TAX CASE LAWS 29.09.2025
- IMPORTANT GST CASE LAWS 29.09.2025
- No penalty can be levied on a tax demand that arises purely from the deeming fiction of Section 56(2)(x) of the Income-tax Act, 1961.
- “Purchase” for a 54F exemption means making the investment, not just the final registration of the sale deed within the prescribed time.
- A search assessment requires incriminating material, not just regular books of account.
- An ad hoc disallowance of a fully vouched and verified business expenditure is arbitrary and legally unsustainable.
- A lumpsum payment in lieu of pension is exempt, even if not on retirement.
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