Ankit Ispat challenges 2.5% disallowance on purchases in Madras HC for 2014-15. Tribunal affirms CIT(A)’s decision. Court dismisses appeal.
Fenner (India) Limited Vs ACIT (Madras High Court) High Court court is of the view that the Tribunal has rightly directed the assessing officer to exclude the royalty income from the business profits for the purpose of calculation of deduction under section 80HHC of the Act, which warrants no interference. FULL TEXT OF THE JUDGMENT/ORDER […]
Explore the detailed analysis of K. Uttamlal & Company vs ACIT case regarding disallowance of foreign exchange loss on buyer credit. Learn the legal perspective and the final verdict.
Yara Fertilizers India Private Limited Vs Commissioner of Customs (CESTAT Mumbai) Introduction: The case of Yara Fertilizers India Private Limited vs Commissioner of Customs, adjudicated by the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Mumbai, revolves around the classification dispute of the imported product ‘yaravita zintrac (zinc oxide suspension concentrate).’ The disagreement stems from […]
Jurisdiction Notification No. 72/2022-Income Tax, Dated: 28.06.2022 under section 120 of the Income tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 72/2022-Income Tax | Dated: 28th June, 2022 S.O. 2925(E).—In exercise of the powers conferred by sub- sections (1) and (2) of section 120 of […]
Jurisdiction Notification No. 71/2022-Income Tax, Dated: 28.06.2022 under section 120 of the Income tax Act, 1961. Also Read:CORRIGENDUM to Notification No. 71/2022-Income Tax | Dated: 28.06.2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 71/2022-Income Tax | Dated: 28th June, 2022 S.O. 2926(E).— In exercise of powers conferred […]
Dive into the Jharkhand High Court rejection of bail for Hemant Kumar Sinha in a money laundering case. Analysis of charges, arguments, and legal perspectives.
These rules may be called the Forest (Conservation) Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.
Based on the recommendations of SMAC, it has been decided that the adjustment in derivative contracts shall be carried out in cases where dividends declared are at or above 2% of the market value of underlying stock.
Vestas Technology R&D Chennai Private Ltd. Vs The Commissioner of GST & CE (CESTAT Chennai) During the course of hearing learned consultant for the appellants could not produce documents to prove that the claims filed by the appellants were in time as enunciated by the larger Bench in the case of M/s. Span Infotech India […]
