ITAT Bangalore set aside a CIT(A) order for mechanically dismissing an assessee’s appeal. The court ruled the CIT(A) must provide a basis for discarding an AO’s remand report.
ITAT Bangalore has ruled that reassessment proceedings initiated against a deceased individual are void. The tribunal stated that updating the tax portal is sufficient notice.
An analysis of the decline in India’s justice and administrative systems, focusing on investigative agencies and the judiciary’s alleged compromised independence.
A comprehensive overview of India dividend framework Learn about the legal definitions compliance under the Companies Act, SEBI regulations taxation and the detailed process for dividend declaration and payment.
The Supreme Court rules that services provided to foreign entities, with payment in foreign currency, qualify as exports and are not liable for service tax.
Madhya Pradesh High Court held that E-way bill is a statutory document for transportation of the goods and without generation of Part B, the E-way bill is not valid. Accordingly, order passed by authority just and proper.
ITAT Pune held that interest income on enhanced compensation is contingent and hence not taxable under section 56(2)(viii) of the Income Tax Act. Accordingly, appeal of assessee allowed and order set aside.
ITAT Mumbai held that addition towards unexplained stock cannot be sustained merely relying on the statement without any corroborative evidence. Accordingly, addition set aside and appeal allowed.
ITAT Bangalore has set aside an ex-parte order from the CIT(A) after finding that hearing notices were sent to the wrong email address, denying the taxpayer a fair hearing.
ITAT Bangalore rules that a revised Foreign Tax Credit claim cannot be denied merely due to the late filing of Form 67, upholding the principle of avoiding double taxation.
