India Implements Comprehensive Tax Framework for Virtual Digital Assets : India has established a formal taxation framework for Virtual Digital Assets (VDAs) like cryptocurrencies and NFTs through the ...

A GST notice is more than just a piece of paper—it’s a test of strategy, communication skills, tact, intelligence, interpretation, analysis, decision making and preparation. Whether you’re a seasoned ...

The ITAT Ahmedabad, in the case of Shakuntala Balvantray Trust Vs ITO, addressed the tax rate applicable to a private discretionary trust established by a will. The assessee, a trust created by late ...

In a significant development, the Allahabad High Court has ordered an interim stay on the recovery of a substantial Goods and Services Tax (GST) demand of ₹16.85 crore, along with interest and penalty ...

The dispute originated from two Show Cause Notices (SCNs) issued to Rambagh Palace Hotel Pvt. Ltd. The first SCN, dated November 24, 2010, covered the period from October 1, 2006, to March 31, 2010, ...

XRP itself cannot be mined directly, but through cloud mining platforms such as Richminer, users can rent computing power to ...

Advisory for Biometric-Based Aadhaar Authentication & Document Verification for GST Registration in Assam (Effective April 1, 2025) [1] New Rule Implementation: As per amended Rule 8 of the CGST Rules ...

4. On the facts and circumstances of the case, the Hon’ble CIT (A) erred in sustaining the addition made by the Assessing ...

IE, which outlines eligible income tax deductions under Section 80-IE for undertakings located in North-Eastern states. The update introduces a new entry “ah” to include the state of Sikkim. As a ...

Specifically, it updates Schedule 80-IE related to income tax deductions under Section 80-IE, which pertains to undertakings located in the North-Eastern region of India. A new entry “ah” has been ...

The Hon’ble Gujarat High Court in SCA No. 2951 of 2025 held as under: ...

In a significant decision, the Pune Bench of the Income Tax Appellate Tribunal (ITAT) addressed the tax treatment of additional income declared during a survey at the business premises of Nishatbegum ...