ITAT Chennai analyzes the applicability of Section 115BBE to seized cash and gold coins in the case of Uthangarai Sri Vidya Mandir Educational Trust. The trust argued that Section 115BBE applies only if no explanation is provided for the income.
The Jharkhand HC ruled that bail cannot be cancelled solely due to non-compliance with a compromise agreement, emphasizing a nuanced approach to bail conditions.
Stay compliant with the statutory due dates for June 2024 in India. Check our comprehensive calendar to keep track of important deadlines for tax, GST, and other filings.
ITAT Delhi dismisses DCIT’s appeal against DLF Urban Pvt. Ltd. TPO failed to apply industry filter for ALP of interest, resulting in the deletion of Rs. 6.29 crores addition.
Maddikunta Sanjeeva Reddy Vs ITO (ITAT Hyderabad): Analysis of ITAT’s decision to delete additions made by AO due to incomplete notice under section 148.
NCLT Mumbai rules that CIRP can be initiated against Prime Cargo Movers despite their claim of being a mere agent, holding them liable for debts.
SEBI updates Foreign Portfolio Investors Regulations 2024, detailing new compliance requirements and deadlines. Effective immediately.
The last date for online filing of West Bengal Profession Tax returns for FY 2023-24 is extended to 15-06-2024, with paper submission extended to 30-06-2024.
ITAT Kolkata deletes Rs. 40 Lakh addition against City Shoppe Estates, affirming identity, creditworthiness of share subscribers, and transaction genuineness.
ITAT Ahmedabad rules no addition based on third-party documents in Smt. Lilaben Rameshbhai Savaliya Vs. DCIT. Detailed analysis of the case and implications.
