Patna High Court upholds Section 148 notice to Venky Steels Pvt. Ltd., ruling approval process met legal requirements under Section 151 of the Income Tax Act.
Delhi HC sets aside Sec 153C notices against Ishita Varshney Jain. WhatsApp image of unrelated Agreement to Sell found on husband’s phone insufficient ground.
Madras High Court sets aside IT assessment orders for Vetrivel Minerals citing lack of incriminating evidence and breach of natural justice principles.
Supreme Court upheld Karnataka High Court’s decision, declaring a single satisfaction note for multiple years under Section 153C invalid, reinforcing procedural compliance.
Gujarat High Court examines the procedure for faceless income tax assessment and the assessee’s right to a personal hearing via video conference under Section 144B.
Bombay High Court dismisses appeals by Refrigerated Distributors, upholding ITAT’s 10% addition on unproved purchases for assessment years 2007-08 to 2012-13, citing concurrent findings of fact.
Calcutta High Court addresses ITAT’s role in Sec 263 orders for fresh assessments and the eligibility for enhanced vehicle depreciation for own business use.
ITAT Mumbai deleted a penalty, citing a defective notice under section 274 r.w.s. 271(1)(c), following the Bombay High Court’s ruling in Mohd. Farhan A. Shaikh.
IBBI’s First Appellate Authority dismisses multiple appeals by Shashi Agarwal, citing abuse of RTI Act through repetitive and frivolous queries.
Summary of key changes under the Banking Laws (Amendment) Act, 2025, covering RBI, Banking Regulation, SBI, and acquisition laws.
