Should you invest in corporate bonds? Risks, returns and more

Corporate bond analysts say the sector has grown 10x since Sebi's came with the Request For Quote protocol in 2020 ...
Tax Guru

Delay in filing Form No. 10 condoned as likely to cause genuine hardship

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 ...

Are we getting stimulus checks in November? Updated, IRS tax refund status, rebate check

New Trump rebate update eligibility, inflation checks status, IRS where's my refund direct deposit, track social security ...
Tax Guru

Late Filing of Form 10B/10BB Not Fatal: ITAT Kolkata Grants Trust Exemption

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 ...
Tax Guru

Exemption u/s 11 Cannot Be Denied for Minor Delay in Uploading Form 10B ITAT Chennai

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 ...
Business and Financial Times on MSN

GH¢22.6 billion in tax revenue lost to phantom imports over 5 years - Report

More than GH¢22.6billion in tax revenue was lost by the state between April 2020 and August 2025 due to widespread under-declaration of imports and unverified foreign exchange transfers tied to Import ...
Tax Guru

Madras HC quashed GST Order for Ignoring Submitted Documents

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 ...
LiveLaw

Tax Weekly Round-Up: October 27 - November 02, 2025

SUPREME COURTAutomobile Dealers Association Moves Supreme Court Over Compensation Cess Lapse After GST 2.0 Reforms, Claims ...
Tax Guru

GST Appeal Cannot Be Dismissed for Technical Ground of certified copies: Jharkhand HC

In the matter of Deepak Kumar Bhagat, the High Court ruled that a hyper-technical view, especially one entailing financial liability in tax matters, is impermissible and restored the appeal for a ...

A landfill tax could halt the vast amounts of healthy soil that are needlessly thrown away

Only 1.5% of soil arriving at waste facilities in England was classed as hazardous, suggesting we are throwing away mostly ...
Tax Guru

GST Refund Application Not Time-Barred if Deficiency Period Excluded: Gujarat HC

The Gujarat High Court held that the period between the initial refund filing and issuance of a deficiency memo must be excluded when computing the two-year limitation under Section 54 of the CGST ...
Tax Guru

Deduction on Interest Payment Restored as ITAT Finds Transaction Genuine

Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...