State’s net tax collection increases 6.9% in October, driven by certain categories

Georgia’s net tax collections for October reached $2.71 billion, marking a 6.9% increase from the previous year, according to ...

How Aishwarya Rai Bachchan won a ₹4 crore tax dispute against the I-T Department

In a significant win against the Income-Tax Department, Bollywood actor Aishwarya Rai Bachchan has won a ₹4 crore dispute in ...
Tax Guru

Assessments Beyond Ten-Year Block Invalid Under Section 153C: ITAT Delhi

ITAT Delhi held that assessments for A.Ys 2011–12 and 2012–13 were invalid since they fell outside the ten-year block reckoned from the date of receipt of seized material. The Tribunal followed CIT v.
Tax Guru

ITAT Ahmedabad Remands Case for Proper Adjudication of URD Cash Transactions

The ITAT Ahmedabad remanded the case of Harshang Kaushikkumar Rami vs ITO to the Assessing Officer for fresh verification of Rs. 5 crore cash deposits treated as unexplained ...
LiveLaw

'Public Tender Is Not Private Bargain' : Supreme Court Quashes Odisha Govt's Award Of Sand Mining Lease For Excluding Highest Bidder

Public tender is the mechanism through which the State discharges its solemn duty as the trustee of public wealth, the Court ...

IRS Direct File won't be available next year. Here's what that means for taxpayers

The Trump administration has decided not to offer the IRS' electronic tax filing system for free next year, and its future is unclear. An IRS official informed state comptrollers in ...

Five central government pension schemes every BPL cardholder can apply for online or offline

The Indian government provides financial aid to BPL families through five schemes under the National Social Assistance Programme. These include pensions for the elderly, widows, and disabled. A family ...