Ramchandra Ingot India Private Limited Vs DCIT (ITAT Kolkata) Investments Accepted in Earlier Scrutiny Cannot Be Treated as Bogus u/s 68 on Sale—5% Profit Estimation by CIT(A) Deleted; The assessee and the Revenue filed twelve cross-appeals for AYs 2016-17 to 2021-22 against separate orders of CIT(A)-27, Kolkata. The central dispute arose from additions made u/s […]
Explains why compulsory acquisitions executed by the State Government, even for Development Authorities, qualify for Section 10(37) capital gains exemption. Highlights statutory conditions and key judicial findings.
Four Labour Codes Herald Transformational Change: Better Wages, Safety, Social Security & Enhanced Welfare for India’s Workforce Codes lay the foundation for a protected, future-ready workforce and resilient industries, boosting employment and driving labour reforms for Aatmanirbhar Bharat Code aligns India’s labour ecosystem with global standards, ensuring social justice for all workers In a historic […]
The new industrial relations regime permits layoffs and closures without prior approval up to 300 workers while increasing notice periods and adding a mandatory reskilling fund. The ruling balances greater exit flexibility with stronger financial safeguards for workers.
A clear breakdown of the major reforms introduced from 21 November 2025 and how they transform wages, social security, and workplace rights. Key takeaway: 29 older laws are replaced by a unified, modern labour system.
Understand the audit reporting requirements, exemptions, and responsibilities for Section 8 companies to ensure transparency and compliance under the Companies Act, 2013.
ITAT held that subscription fees received by a global e-commerce platform from Indian customers are not taxable as Fee for Technical Services (FTS). Standard automated digital facilities without human intervention cannot be treated as FTS under Section 9(1)(vii) and India–Singapore DTAA.
Tribunal highlighted that short-term and long-term capital gains from share sales, under sections 111A and 10(38), were properly taxed, reflecting assessee’s investment intent.
ITAT Delhi permits set-off of brought forward long-term and current year short-term capital losses against long-term capital gains, overruling CPC and CIT(A).
he ITAT ruled that an automatic ₹56 lakh 14A disallowance was invalid as the AO failed to record specific satisfaction regarding the assessee’s claim. The Tribunal emphasized that generic reasoning cannot replace case-specific analysis.
