“SEBI bars Mohammad Nasiruddin Ansari, owner of ‘Baap of Chart,’ for misleading investors through financial ‘education.’ Details on the ban and refunds.”
ITAT Hyderabad directed CIT (A) NFAC to grant the assessee one last opportunity to substantiate its case with a cost of Rs. 3,000 imposed for ignoring notices.
ITAT Delhi’s ruling in Amtech Engineers vs. ITO clarifies that TDS is not applicable under section 194C for casual labor expenses in road construction and crane hiring.
In the Varadaraja Textiles case, ITAT Chennai ruled that depreciation is allowed for a textile spinning unit acquired through an auction sale, disputing the nil cost assessment.
The Income Tax Appellate Tribunal (ITAT) in Pune deleted the penalty in the Jyoti Paper Udyog Ltd Vs. ACIT case due to non-production of Form No. 3CEB under Section 92E.
In the Subba Raju Chekuri Vs. ITO case, ITAT Hyderabad remands matter due to the failure of the assessee to provide evidence for Section 54F deduction claim.
CESTAT Kolkata drops Service Tax demand for HUDCO Construction services due to non-commercial project nature. Learn more on the case of Uttam Chand Sethia and its implications on this blog post!
The Calcutta High Court remands an Income Tax reassessment order due to the denial of the right to cross-examine a witness, citing a violation of natural justice principles.
The Income Tax department’s approach questioned by ITAT Pune. Read how they directed a re-adjudication in Kiran Vasant Pawar Vs ITO case. A detailed analysis.
Kerala High Court directs timely consideration of interim stay application in Kolloorvila Service Co-Operative Society Ltd’s income tax case.
