Follow Us:

Archive: June, 2025

Posts in June, 2025

No Section 14A Disallowance Without Exempt Income: Bombay HC

June 5, 2025 855 Views 0 comment Print

Bombay High Court upholds ITAT ruling, stating Section 14A disallowance and Section 115JB adjustment for exempt income are not applicable if no exempt income is earned.

Postal Dept Eases Married Daughter Compassionate Hiring

June 5, 2025 621 Views 0 comment Print

Department of Posts has issued a one-time relaxation, allowing manual processing for compassionate engagement cases of married daughters of deceased GDS, registered before June 27, 2024.

Section 115BBE Inapplicable for Business Income Declared During Survey Proceedings

June 5, 2025 1047 Views 0 comment Print

ITAT Pune allows appeal, directs normal tax rates for business income declared during survey, overriding Section 115BBE application. Cites key judicial precedents.

Madras HC Sets Aside Income Tax Transfer Order for allowing mere 3 days to respond

June 5, 2025 678 Views 0 comment Print

The Madras High Court has invalidated a tax assessment transfer order from Chennai to Kolkata, ruling the assessee was no given a reasonable opportunity to respond.

MCA Imposes Penalty for Delayed Board Meeting Under Section 173(1)

June 5, 2025 759 Views 0 comment Print

The ROC has issued an order against Charles River Laboratories India Private Limited for failing to hold a board meeting on time, a violation of Section 450 of the Companies Act, 2013.

Service tax not leviable on booking cancellation charges: CESTAT Allahabad

June 5, 2025 501 Views 0 comment Print

CESTAT Allahabad held that booking cancellation charges, is in nature of compensation, are not consideration for service and hence no service tax chargeable on the same. Accordingly, demand on booking cancellation charges not sustained.

Gujarat HC Orders Robbery Cash to Be Handed to Income Tax Department

June 5, 2025 1305 Views 0 comment Print

Gujarat High Court overturns lower court, orders Rs. 13 lakh robbery cash to be handed to Income Tax Department for undisclosed income probe.

CBIC Instruction on FSSAI-BFDA Agreement Implementation

June 5, 2025 438 Views 0 comment Print

CBIC issues Instruction No. 14/2025 on FSSAI-BFDA pact, updates list of Bhutan’s approved units; no change in certificate format or compliance rules.

P&H HC Denies Sec 54 Exemption for Two Separate independent Houses

June 5, 2025 906 Views 0 comment Print

The Punjab and Haryana High Court upheld the denial of Section 54 capital gains exemption for two independent residential houses, reinforcing single-house benefit rule.

Gujarat HC Quashes Income Tax Transfer Order for Lack of Notice & Reasons

June 5, 2025 477 Views 0 comment Print

Gujarat High Court Quashes Case Transfer Over Due Process Breach

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031