Author: taxguru

In the case of ACIT vs. Himanshu Garg, adjudicated by the ITAT Delhi, the central issue revolved around the eligibility of exemption under Section 54F of the Income Tax Act,... Read More

The Delhi High Court’s decision in the case of Murari Lal Narang vs. PCIT addresses a critical question: can an intimation under Section 143(1) of the Income-tax Act, 1961, be... Read More

Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, Department of Revenue, issued Instruction No. 01/2024-GST on May 30, 2024, addressing the guidelines for the initiation... Read More