The Court ruled the order violated principles of natural justice, remanding the matter for fresh adjudication with a direction to grant the petitioner a hearing.
PCIT Vs Subhash And B T Patil And Sons And N V Kharote Construction Pvt Ltd Jv (Bombay High Court) Bombay High Court admitted an appeal concerning substantial questions of law regarding taxation of joint ventures and applicability of TDS provisions under Section 194C of the Income Tax Act, 1961. The appeal challenges the ITAT’s […]
DRAT Kolkata dismissed appeal against DRT, highlighting that multiple prior adjournments had already been granted. Courts cannot allow prolonged stalling of recovery proceedings under RDB Act.
In Murliwala Agrotech Pvt. Ltd. Vs. Union of India, the High Court reiterated that the right to an opportunity of hearing is essential before an IT case transfer, emphasizing that completed group assessments negated the Revenue’s stated reason for transferring the assessee’s file.
ITAT Kolkata rules that additions under Section 153A cannot be made without incriminating material, citing the Supreme Court’s Abhisar Buildwell judgment.
Allahabad High Court holds that sums paid under protest can count toward mandatory 10% pre-deposit under Section 107(6) of GST Act; remands matter for appeal hearing.
Learn why businesses can claim input tax credit on GPA insurance under GST, as it is classified as general insurance, not life or health insurance.
Tribunal confirms that notices under section 148 post-March 2022 must be issued by Faceless Assessing Officers, rendering JAO-issued notices void.
The Revenue argued that interest income from an Associated Enterprise (AE) should be taxed at the Maximum Marginal Rate MMR by invoking Article 12(6) of the DTAA} (PE exclusion). The Tribunal upheld the 15% DTAA rate, confirming that since the assessee has no PE in India, the exclusionary clause 12(6) does not apply, and the interest is a debt-claim under Article 12(4).
Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax compliance.
