The Supreme Court held that a builders failure to obtain an occupancy certificate constitutes a continuing wrong, making a consumer complaint for compensation maintainable and not barred by limitation.
ITAT Mumbai held that no transfer occurred in AY 2001-02 as only licence was granted and development had not commenced, setting aside capital gains assessment.
Delhi HC dismissed the petition as withdrawn after the defendant agreed to withdraw the SARFAESI notice and debtor classification communications.
Gujarat HC quashed a Section 148 notice issued after four years, holding all issues were examined in the original assessment with no failure of disclosure.
ITAT Bangalore dismissed the Revenues appeal, holding that interest under Section 28 of the Land Acquisition Act forms part of compensation exempt under Section 10(37).
ITAT Chennai directed exclusion of high-turnover and functionally different comparables and inclusion of Rheal Software in TP benchmarking.
ITAT Delhi modified the TP comparable set, remanded overdue receivables and Form 26AS additions, and directed recomputation of Section 234C interest.
ITAT Surat upheld deletion of additions for directors’ commission and customer advances, following earlier decisions and finding no basis for Section 68 addition.
The Supreme Court awarded ₹1 lakh compensation to an Indian Air Force airman after finding that a wrongful disciplinary action led to unnecessary and prolonged litigation following an incident at a railway crossing.
ITAT Kolkata held that sale proceeds of investments could not be taxed under Section 68 where earlier investments were accepted, transactions were supported by evidence, and no incriminating material was found during search.
