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If the investment is yours, the exemption is yours—even if the property is registered in someone else’s name: Section 54F exemption allowed even if Property Registered in others name

If the investment is yours, the exemption is yours—even if the property is registered in someone else’s name: Section 54F exemption allowed even if Property Registered in others name | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 12:10 pm

[ad_1] If the investment is yours, the exemption is yours—even if the property is registered in someone else’s name: Section 54F exemption allowed even if Property Registered in others name In a significant and practical…

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Bombay High Court Cautions Republic TV Against Defamatory and Sensationalised Reporting in Anil Ambani Coverage

Bombay High Court Cautions Republic TV Against Defamatory and Sensationalised Reporting in Anil Ambani Coverage | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 11:05 am

[ad_1] Bombay High Court Cautions Republic TV Against Defamatory and Sensationalised Reporting in Anil Ambani CoverageOn Wednesday, the Bombay High Court advised Republic TV and its editor-in-chief, Arnab Goswami, to exercise restraint in reporting related…

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Bombay HC

Bombay HC Quashes Extended GST ITC Blocking, Says One-Year Limit Under Rule 86A Is Mandatory | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 9:54 am

[ad_1] Case Facts The applicant, NZS Traders Pvt. Ltd., submitted a writ petition before the Bombay High Court contesting the blocking of its Electronic Credit Ledger (ECL) by the Department under Rule 86A of the…

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Kokuyo Camlin Receives Income Tax Rectification Order, Demand Reduced to Rs 34 Crore

Kokuyo Camlin Receives Income Tax Rectification Order, Demand Reduced to Rs 34 Crore | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 8:50 am

[ad_1] Kokuyo Camlin Receives Income Tax Rectification Order, Demand Reduced to Rs 34 CroreKokuyo Camlin, an indian stationary manufacturing company, said that it received a rectification order from the Mumbai Income Tax Department. This order…

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High Court Refuses Relief; Fraud Allegations in Partnership Dispute Proceed

High Court Refuses Relief; Fraud Allegations in Partnership Dispute Proceed | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 7:49 am

[ad_1] High Court Refuses Relief; Fraud Allegations in Partnership Dispute ProceedThe petitioner approached the High Court seeking the quashing of criminal proceedings arising from a police case registered under the Bharatiya Nyaya Sanhita, 2023. The…

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HC Quashes Assessment for Non-Service of SCN, Orders Fresh Proceedings

HC Quashes Assessment for Non-Service of SCN, Orders Fresh Proceedings | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 6:49 am

[ad_1] HC Quashes Assessment for Non-Service of SCN, Orders Fresh ProceedingsThe petitioner, Sunil Kumar Sahoo, proprietor of M/s. Bhagabati Cashew, challenged an assessment order dated November 14, 2017, and a subsequent demand notice for the…

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Gujarat HC

Cross-State GST ITC Transfer Allowed in Case of Amalgamation | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 5:42 am

[ad_1] In a case of amalgamation, the Gujarat High Court held that Input Tax Credit (ITC) cannot be disallowed merely on the basis that the transferor and transferee companies are situated in different states. A…

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Uttarakhand HC

Uttarakhand HC Dismisses Petition Against GST Order; Pre-Deposit for Appeal Can’t Be Bypassed | Biz Flow Kit

3 April, 2026 admin 0 Comments Income Tax 2:31 am

[ad_1] The Uttarakhand High Court refused to entertain the writ petition filed by Bajaj Auto Limited contesting a GST adjudication order, holding that the pre-requisite of pre-deposit for availing the appellate remedy could not be…

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Bengaluru IT Manager Shares Emotional Experience

Bengaluru IT Manager Shares Emotional Experience | Biz Flow Kit

2 April, 2026 admin 0 Comments Income Tax 11:18 pm

[ad_1] Sudden Layoff After 16 Years: Bengaluru IT Manager Shares Emotional ExperienceA manager at an IT company named Oracle Bengaluru shared his experience of being suddenly terminated from his job after 16 years of service…

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How ITR Software Prepares Tax Return Forms for AY 2026-27

How ITR Software Prepares Tax Return Forms for AY 2026-27 | Biz Flow Kit

2 April, 2026 admin 0 Comments Income Tax 10:16 pm

[ad_1] The income tax return filing procedure has become structured and data-driven, especially because of the execution of the new compliance provisions and reporting norms for AY 2026-27. The management of multiple income sources, deductions,…

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