ITAT Ahmedabad clarifies cash deposit source issue in Karan Realty Pvt Ltd vs. ITO case. Analysis of assessment and capital gains matters.
Kerala High Court directs Income Tax Officer to expedite the consideration of a rectification request after a 4-year delay. Full analysis and implications.
Delhi High Court’s decision on the power of CIT(A) to annul an assessment order under the Income Tax Act. Explore the analysis and implications of this ruling.
Explore the Sarita Handa Exports Pvt Ltd vs. CESTAT Chandigarh case on Customs Clearance & Tour Services. Learn about the credit dispute and the CESTAT’s decision.
Explore the case of Saraswati Knitwear Pvt Ltd vs. Commissioner of Customs (CESTAT Chandigarh) regarding interest on excess duty paid for clearing yarn. Discover the CESTAT’s decision.
The Delhi High Court sets aside a reassessment order related to alleged bogus purchase claims, citing the need for proper evidence and defense for the assessee.
Delhi High Court grants relief to Amadeus IT Group, condoning a 170-day delay in re-filing an Income Tax Appeal. Details of the case and the court’s decision.
ITAT Mumbai upheld the application of Section 56(2)(viib) of the Income Tax Act on excess share premium arising from a loan to equity conversion. Learn more about the case.
Delhi High Court directs the Assessing Officer to furnish relevant material supporting allegations of fictitious loan in the case of Rakesh Kumar Mohindroo vs. ITO for AY 2019-20.
The Delhi High Court settles the trademark dispute between Theobroma Foods Pvt. Ltd. and Theos Food Pvt. Ltd. Read the full judgment and analysis.