Relief for Indus Towers as Delhi High Court nullifies Income Tax Assessment Order, citing non-compliance with natural justice. Full analysis of the judgment in Indus Towers Limited vs. ACIT.
ITAT Delhi validates PCIT’s revision order under Section 263, emphasizing the importance of adequate enquiry by AO for unsecured loans, advances, and income in AY 2015-16.
Learn how HOLITECH India failed to maintain charge details, leading to penalties by MCA. Understand legal implications, consequences, and appeal procedures.
Bombay High Court criticizes default system excuses delaying refunds, urges Finance Ministry intervention. Matrix Publicities vs. DCIT detailed case analysis.
Gujarat High Court grants stay on recovery of GST dues as GST Appellate Tribunal remains non-functional. Detailed analysis of the Rajkalp Mudranalya Private Limited case.
Allahabad High Court quashes GST penalty in New India Traders case, stresses the importance of opportunity of hearing. Detailed analysis and implications.
CESTAT Ahmedabad rules in favor of Reliance Industries, stating ship demurrage charges are not part of imported goods’ transaction value. Full analysis of C.C. Ahmedabad vs. Reliance Industries Limited.
Explore Delhi High Court’s ruling on PCIT vs. New Delhi Tyre House, unraveling MAP agreement intricacies, income additions, and implications for AY 2013-14.
CESTAT Chennai dismisses the Customs department’s appeal due to its failure to prove delay in receiving the order from the Review Cell. Detailed analysis of the case.
The Delhi High Court upholds the deletion of a disallowance on bad debts amounting to Rs 5 crores acquired by VE Commercial Vehicles Ltd from its predecessor-in-interest.
