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Recent Posts
- Demand quashed for ignoring reply & DRC-03 payment; Rectification rejection set aside
- Gifts received “on occasion of marriage” are exempt even if credited later
- Addition u/s 69A deleted; Cash deposits explained by Contract Receipts declared u/s 44AD and Wedding Gifts
- Holding period of previous owners included for gifted shares; Asset treated as Long-Term for Section 54F
- Delay condoned as Order uploaded in ‘Additional Notices’ tab; Taxpayers not expected to check wrong tab
- Authorising the Securities and Exchange Board of India as the authorised agency
- The Banking Laws (Amendment) Act 2025
- Proceedings against recipient without prior action against supplier for ITC mismatch impermissible; SCN Quashed
- Supreme Court upholds refund of unutilized Compensation Cess ITC despite export on payment of IGST
- Proceedings deemed closed upon payment of 15% penalty when tax & interest paid pre-SCN under Section 74
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