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Business Polycab India reports record revenue and profitability for Q2 and H1 FY27 Fema / RBI PMLA Attachment Upheld but Possession Protected Until Trial Ends Income Tax Section 148 Notice Dated 20 July 2022 Quashed on Limitation: ITAT Mumbai Fema / RBI FEMA Penalties Deleted for Traders Exchanging NRI Currency With Authorised Money Changer Business Nestlé India reports robust financial performance for Q2 and H1 2026 Income Tax Vague Penalty Notices and Unspecified Section 270A(2) Charges Invalid: ITAT Delhi Income Tax Unrealised Forex Gain on Domestic Capital Asset Borrowings Taxable: ITAT Mumbai Fema / RBI PMLA Tribunal Upholds Attachment of Ooty Land Linked to Housing Project Funds

Archive

Day: February 2, 2026

136 articles

Income Tax

Interest From Debtors Not Unexplained Loans Under Section 69B: ITAT Pune

CA Vijayakumar Shetty8 months ago

Income Tax

Reassessment Quashed for Want of Proper Approval Under Section 151

CA Vijayakumar Shetty9 months ago

Income Tax

Stamp Duty Value Addition on Property Set Aside for Natural Justice Breach

CA Sandeep Kanoi9 months ago

Income Tax

Gujarat HC Quashed Income Tax Assessment Order for Ignoring Reply to SCN

CA Sandeep Kanoi9 months ago

Corporate Law

Recovery Case Jurisdiction Upheld Where Account Maintained by Bank Office

CA Sandeep Kanoi9 months ago

Service Tax

No Service Tax on Copyright Sale of ‘Kolangal’ Dubbed Version: CESTAT Chennai

CA Sandeep Kanoi9 months ago

Income Tax

Assessment Quashed for Want of Jurisdiction; Notice u/s 143(2) Issued by Non-Jurisdictional AO

CA Vijayakumar Shetty9 months ago

Income Tax

India–Singapore DTAA Benefit Denied; Capital Gains Taxed as Entity Held Shell/Conduit

CA Vijayakumar Shetty9 months ago

Income Tax

Addition under Section 56(2)(vii)(b) Deleted; Stamp Duty Difference within 10% Tolerance

CA Vijayakumar Shetty9 months ago

Income Tax

Reassessment Quashed for Wrong Factual Assumption; Notice u/s 148 Held Void ab initio

CA Vijayakumar Shetty9 months ago

Income Tax

ITAT Delhi Quashes Reopening Beyond Six Years After Search

CA Vijayakumar Shetty9 months ago

Income Tax

Section 69C Not Attracted Where Expenses Are Recorded and Paid from Disclosed Sources

CA Vijayakumar Shetty9 months ago

Custom Duty

Proposed Key Changes under Customs & Central Excise in Budget 2026

Bimal Jain9 months ago

Income Tax

Key Highlights of Proposed Changes under Income Tax Law in Budget 2026

Bimal Jain9 months ago

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