Delhi High Court quashes notices issued under Section 148 due to lack of sanction from competent authority, emphasizing compliance with tax laws.
Supreme Court rules non-furnishing of approval under Section 151 fatal for reassessment, affirming Delhi High Court’s decision in ITO Vs Tia Enterprises Pvt. Ltd.
Detailed analysis of Bombay High Court’s ruling on Hexaware Technologies Ltd vs ACIT. Invalid notice under Section 148 scrutinized. Time limitation, violation of CBDT Circular, faceless regime, jurisdictional conditions, change of opinion, and more explored.
Dive into the recent Supreme Court judgment on State of Bihar & Ors vs Ziqitza Health Care Ltd., highlighting the significance of explanatory notes in balance sheets.
The Bombay High Court recently delivered a significant judgment in the case of New India Assurance Company Limited Vs ACIT, reshaping the landscape of tax law.
The recent ruling by the Delhi ITAT in the case of Aggarwal Vidya Pracharni Sabha vs. PCIT has brought to light significant issues regarding the jurisdictional authority in registration cancellation under Section 12AB(4). The order, dated 08.01.2024, has declared the cancellation by PCIT Central as without jurisdiction.
Explore the recent Gujarat High Court judgment in PCIT Vs KGY Glass Industries (P) Ltd regarding the denial of concessional tax rate due to a technical glitch in filing Form 10-IC under section 115BAA for AY 2020-21.
Gujarat High Court invalidates assessment reopening due to lack of nexus between petitioner and unsecured loans. Detailed analysis and conclusions.
In a landmark decision, SC directs Directorate of Enforcement (ED) to provide written grounds of arrest, criticizing ED’s conduct as arbitrary & vindictive.
Learn about Harish Gupta Vs DCIT case at ITAT Delhi where subsequent intimation of DIN number without quoting it on assessment order is deemed invalid.