Bombay High Court held that delay in filing of Form No. 10 was condoned since activities of trust are genuine and denial of benefit of accumulation u/s. 11(2) due to delay in Form No. 10 would cause ...

The good news is that a new tax benefit aimed at helping families with children under 17 is now in effect. For the tax years ...

Tribunal held that filing of Form 10B is a procedural requirement, not a mandatory condition for exemption under Section 11, allowing relief to a charitable trust despite a four-day delay in uploading ...

ITAT Mumbai ruled that relief under the first proviso to Section 201(1) is available if Form 26A certifying the deductee’s tax payment is furnished. As the buyer obtained the certificate post-appeal, ...

ITAT Kolkata ruled that a charitable trust's exemption under Section 11/10(23C) cannot be denied for technical lapse of belatedly filing Form 10B/10BB. Audit report was available when return was ...

Retired govt employee claims Rs 20 lakh gratuity exemption; tax dept imposes Rs 2.2 lakh penalty; ITAT Cochin rules in his ...

BRITS have received £48.5million back from HMRC after being overtaxed on their pension withdrawals. Over 13,700 claims worth ...

The ITAT sent a tax assessment case back to the CIT(A) for reconsideration, citing the assessee's claim of DIN absence in the assessment order. The appellate authority must now adjudicate on both the ...

The ITAT set aside the CIT(A)'s order because it was passed against an Assessee who had already expired, which rendered the order null and void. The Tribunal condoned the 193-day delay and remanded ...

The Madras High Court set aside a GST assessment order because the Tax Officer's claim of 'no documents submitted' was factually contradicted by the records, which indicated a reply with enclosures ...

The Allahabad High Court set aside the penalty order (GST MOV-09) against M.D. Traders, ruling that the penalty for a missing e-way bill, when a tax invoice is present, must be determined under ...

Here are step-by-step instructions for IRS Form 3800, for entrupeneurs claiming small-business tax credits. Many, or all, of the products featured on this page are from our advertising partners who ...