ITAT Mumbai rules PCIT’s revision under Section 263 as erroneous. The tribunal holds non-initiation of penalty proceedings cannot justify revision. Read full case details.
DCIT Vs Meridian Chem Bond Private Limited (ITAT Pune) Does Proving the Three Main Ingredients by Assessee U/S 68 Shift the Burden of Proof On AO? Assessee is a company that duly files its return of income. The Revenue carried a search in case of another group concern & it was discovered that it was […]
ITAT Bangalore sets aside ex-parte order against senior citizen, ruling that email-only notices denied a fair hearing. Case remanded for fresh adjudication.
CIT (TDS) Vs Tushira Industries (Karnataka High Court) Acquisition under section 96 of Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 alone are exempt & not under the other Acts The Commissioner of Income Tax (TDS) has preferred these intra court appeals, for laying a challenge to a common […]
The Supreme Court ruling clarifies that minors can legally be transferees of immovable property under the Transfer of Property Act.
Karnataka HC rules refusal to pay maintenance unjustified in Shangrila Flat Owners Assn Vs Capt. Mohan Prabhu. Case highlights apartment owner obligations.
Madras High Court rules on CIT Vs Indian Institute of Engineering, affirming tax exemption under Section 11 for payments made as per trust deed.
ITAT Pune nullifies AO’s Rs.3.36 lakh addition for cash purchases, citing lack of evidence and failure to provide requested information.
ITAT Mumbai condones delay in Jayesh Hirji Savla’s case, following Supreme Court principles on substantial justice, and remands the matter for reassessment.
