Analysis of Allahabad High Court judgment on limitation period prescribed in special statutes versus the Limitation Act.
Read the detailed order by ITAT Bangalore regarding Samaja Seva Mandali vs. ITO. Assessing real intentions of trust in land purchase for school building construction.
CESTAT Delhi upheld penalties on Jayant Vikram for misdeclaration of goods to claim ineligible drawback. Detailed analysis of the case and legal implications.
The court observed that the cancellation of registration with retrospective effect cannot be mechanical and must be based on objective criteria. Mere non-filing of returns does not warrant retrospective cancellation covering the period when the returns were filed and the taxpayer was compliant. A
Dive into the detailed analysis of Syama Prasad Mookerjee Port’s case against DCIT at ITAT Kolkata regarding Section 41(1) of the Income Tax Act. Understand why cessation of trading liability cannot be invoked without liability in books.
Discover the importance of the Annual Information Statement (AIS) for accurate Income Tax Returns and how new real-time feedback functionality benefits taxpayers.
ITAT Delhi rules no penalty for All Fresh Supply Management Pvt. Ltd. under Section 271DA, acknowledging no intent to evade tax. Read the full judgment here.
CESTAT Bangalore ruling on AEG Power Solutions (India) Pvt. Ltd. Vs Commissioner of Central Excise case underscores that misdeclaration invites extended limitation.
Telangana High Court mandates reasoned decisions in disputes over due amounts under the Arbitration Act. Analysis of PBSAMP Projects Pvt. Ltd. Vs HLV Limited case.
CESTAT Bangalore quashes violation allegations against Ajay Overseas Shipping, emphasizing brokers’ duty to advise clients on law compliance. Full order review.
