T Act, which pertains to the New Tax Regime, is applicable by default unless the taxpayer chooses to opt out under specific ...

The core issue before the Supreme Court was the interpretation of “activities” under Section 12AA. The revenue argued that the Commissioner should assess the genuineness of the trust’s actual ...

The AO’s primary reasons for disbelieving the cash sales included the large volume of sales within a short timeframe (after the demonetization announcement and before midnight), the lack of customer ...