The Tribunal ruled that only the part of a property actually rented can be assessed for ALV, excluding self-occupied areas under Section 23(2).
ITAT Ahmedabad confirms Section 68 addition of ₹93.92 lakh for bogus LTCG from Kushal Tradelink shares, rejecting the appeal based on human probability test.
ITAT quashed PCIT’s Section 263 order, holding AO’s treatment of survey income as business income valid and not erroneous or prejudicial to revenue.
ITAT Kolkata held exemption u/s 11 or 10(23C) cannot be denied at 143(1) stage for delayed Form 10B/10BB filing when reports were later furnished.
Supreme Court holds that ‘previous financial year’ must align with the Income Tax Act; rejects arbitrary tender rejection by Odisha authorities.
Calcutta High Court directed the CGST authorities to defer proceedings on a show-cause notice that clubbed four financial years. The petitioner argued that such bunching and lack of scrutiny under Section 61 violated due process.
ITAT Kolkata ruled that payments for composing and DTP work are contractual, not technical services, and thus taxable under Section 194C, not Section 194J of Income Tax Act.
Allahabad High Court quashed GST orders under Section 74, holding that ITC cannot be denied when purchases were made from a registered dealer whose GST registration was later cancelled.
Calcutta High Court admits plea challenging GST adjudication order and validity of CBIC notifications extending limitation period under Section 168A of the CGST Act.
Tribunal held that cost-to-cost reimbursements for IT support services do not qualify as Fees for Included Services (FIS) under Article 12 of the India-US DTAA, as no technical knowledge was “made available” to the Indian affiliate.
