SC Sets Aside Ten-Times Stamp Penalty; District Registrar to Determine Penalty
SC sets aside ten-times stamp penalty, directing District Registrar to determine stamp duty and penalty on an insufficiently stamped sale agreement.
ITAT Mumbai: House Property Tax Deleted on Unsold Flats as Held Stock-in-Trade
Delhi HC Disposes ₹83.76 Cr Fraudulent ITC Writ & Grants Fresh Appeal Time
ITAT Deletes Section 68 Addition on Demonetisation Cash Sales of Jewellery Business
No Charges for UPI Users; Limited Nominal MDR May Apply to Merchants: Finance Ministry
No Section 43B Gratuity disallowance If Paid Before ITR Due Date: Pune ITAT
ITAT Pune Remands ₹32.61 Lakh Online Gaming Addition for Verification
ITAT Panaji Allows ₹2.09 Cr Section 80G Deduction for CSR Donations
ITAT Panaji Remands ₹6.82 Cr Sales Suppression & Section 68 Additions for Fresh Review
Telangana HC Restores GST Appeal Filed Within Court-Granted 45-Day Period
Incremental GST Reimbursement Lies Against Employer, Not State: Karnataka HC
Intimation for IGST ITC Reversal: Can Taxpayer Be Forced to Claim Credit for Reversal?
P&H HC: Section 74 GST Order Set Aside for Fresh Hearing; All Issues Kept Open
Failure To Inform Detenue Of His Right To Represent Renders Preventive Detention Illegal: SC
HC Enhances MACT Compensation by Relying on Three Years’ Income Tax Returns
Alternate Remedy Under Article 226 Is a Rule of Prudence, Not an Absolute Bar
IRDAI Mandates Monthly ISP Data Submission by Insurers From July 2026
CBIC issues SOP for Customs Clearance of Imports through Foreign Post Offices
CAAR Mumbai Reclassifies Pelaforce Extract Under CTH 1302, Grants Customs Duty Exemption
SC Upholds CESTAT Order Rejecting Customs Demand Based on Uncertified Electronic Evidence
Managing Partner Liable for Customs Penalty Despite Penalty on Firm: CESTAT Hyderabad
NCLAT Admits Appeal Against Section 244 Waiver for IMPPA Members
ROC Imposes ₹5,000 Penalty for Incomplete Board Meeting Disclosure in MGT-7A
NCLAT Upholds Companies Act Section 213 Investigation Based on Prima Facie Material
NCLAT Upholds Rejection of Section 213 Petition as Dispute Was for Recovery of Dues
EOI for Appointment of Internal Auditors for ICAI Units – FY 2026–27
ICAI Reprimands CA for Tax Audit with Part-Time COP, Imposes ₹50,000 Fine
RBI Invites E-Tenders for Appointment of Concurrent Auditor for 2026-27
ICAI Highlights New Global Partnerships and Nation-Building Initiatives for Viksit Bharat
ITAT Panaji Deletes ₹20.34 Cr TP Adjustment, Upholds CUP Over TNMM
Panaji ITAT deleted ₹20.34 crore TP adjustment, holding CUP appropriate where internal and external comparables existed and TNMM comparable was functionally different.
ITAT Panaji: ₹17.95 Cr Reassessment Quashed as Section 148 Notice Time-Barred
Panaji ITAT quashes ₹17.95 crore reassessment as time-barred, holding the Section 148 notice was issued beyond the surviving limitation period.
Delhi ITAT: No Section 153A Addition Without Incriminating Search Material
Delhi ITAT remanded AY 2015-16 and 2016-17 assessments to examine whether section 153A additions were based on incriminating search material under Abhisar Buildwell.
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty &…
I, S. Prasad, am a Senior Tax Consultant with continuous practice since 1982 in the fields…
