ITAT Pune rules in favor of Saikrupa Nagari Sahakari Patsanstha, allowing deduction under Section 80P(2)(d) for interest income earned from cooperative banks.
Kerala HC dismisses EKK Infrastructure’s writ petition on cross-examination in an income tax case, ruling it premature. Read the key judicial observations.
ITAT Chandigarh directs CIT(A) to review SJVN Limited’s appeal on MAT credit and book profit under Section 115JB. Read the key highlights of the ruling.
ITAT Chennai dismisses Padmash Leathers & Exports Pvt. Ltd. appeal as infructuous after the assessee opts for Vivad-se-Vishwas Scheme 2024 to settle tax disputes.
Orissa High Court denies pre-arrest bail to GST Officer accused of embezzling ₹71.03 lakhs, citing the seriousness of the economic offense.
Gujarat High Court sets aside a GST demand order for violating natural justice by denying a personal hearing, remanding the matter for fresh adjudication.
Supreme Court dismisses PIL challenging internet price hikes by Jio and Airtel, stating consumers have alternatives. Petitioner advised to approach statutory bodies.
ITAT Mumbai rules that share transactions backed by DEMAT statements cannot be treated as bogus income without concrete proof.
ITAT Mumbai deletes penalty under Section 271(1)(c) on estimated GP additions for alleged bogus purchases in Om Sai Traders case for AY 2010-11 & 2011-12.
CESTAT Mumbai overturns M Dharamdas & Co’s customs broker license revocation due to unjustified procedural delays by authorities.
