Conclusion: Interest received on delayed compensation for compulsory agricultural land acquisition would be treated as Capital Gain as it was an accrual to the principal compensation amount and ...

The Income Tax Appellate Tribunal (ITAT), Kolkata, has set aside a penalty of ₹1 crore imposed on Tarai Transport Corporation ...

The Goods and Services Tax (GST) in India has been a transformative reform, simplifying taxation and boosting economic growth. Contrary to initial criticisms, GST has lowered taxes on essential goods, ...

ISLAMABAD: In a major development in tax litigation, the Appellate Tribunal Inland Revenue (ATIR), Islamabad has ordered the ...