ITAT Kolkata rules in favor of Sati Promoters Pvt. Ltd., deleting Rs. 1.98 Cr Section 68 addition due to AO’s reliance on non-production of subscribing company directors.
Madras High Court directs Customs to dispose of Aditya International Ltd’s request for CVD exemption amendment on silk imports within six weeks.
Delhi High Court grants interest on delayed refund under Delhi Sales Tax Act after 90 days from the claim date. Full text of the judgment provided.
Understand the ITAT Bangalore ruling on Sudarshan Purushothama Vs ITO, where addition u/s. 69A of the Income Tax Act was contested regarding bank statement monies.
Allahabad HC rules that the burden to prove double movement of goods under UPGST lies with the department, quashing seizure and penalty orders against K Y Tobacco Works Pvt Ltd.
Stay updated with SEBI’s latest directives for stock brokers. Learn about the Master Circular 2024, its revisions, and implications for the market.
Explore applicability of GST in various scenarios under Section 7 of CGST Act, including free samples, discounts, exports, license fees, director’s remuneration, and guarantees.
ITAT Kolkata rules in favor of Institute of Indian Foundrymen, directing AO to allow tax exemption under Section 11 of the Income Tax Act for meager profits from public utility services.
Appellant has failed to establish how a larger public interest is involved warranting disclosure of requested information. Merely being students of the university do not trigger a larger public interest, warranting disclosure of information which is exempted under section 8(1)(d).
Explore the RTI appeal decision involving Yogesh Kumar Gupta and the Insolvency and Bankruptcy Board of India, detailing the challenges and conclusions under the RTI Act.
