Delhi High Court quashes notice u/s 148 for AY 2011-12, emphasizing lack of tangible material. Learn key insights on reassessment proceedings.
Delhi High Court ruling on PCIT vs. Dart Infrabuild (P) Ltd. addressing invalid notice, jurisdictional defect, and assessment proceedings for AY 2010-11.
Kerala High Court directs the NFAC to expedite the resolution of income tax appeals and stay applications, preventing recovery proceedings on arrears.
Read the CESTAT Ahmedabad’s order in Vidyut Corporation vs. C.C.E. & S.T.-Daman, where excise duty demands, interest, and penalties are deemed unsustainable due to a mere wrong mention of registration in payment.
Explore SAE India vs ITO tax dispute (ITAT Chennai) over Section 11 exemption, GPU classification, mutuality principles. Key issues, grounds, and legal analysis.
ITAT Chennai upholds income tax addition due to failure in explaining the source of a significant cash deposit in a bank account. Learn more in this analysis.
Understand the three categories of E-Waybill transporters, and the crucial role of verifying IDs. Learn to use ‘Get GSTIN’ and ‘Get TRANSIN’ APIs for accurate checks
CESTAT Chennai’s landmark order: Accumulated CENVAT credit from an EOU unit can be transferred to a DTA unit upon exiting EOU status. Analysis and implications.
Explore the latest data on Gross Direct Tax collections for FY 2023-24, witnessing a remarkable 17.59% YoY growth, netting Rs. 12.37 lakh crore. Detailed analysis of Corporate and Personal Income Tax included
Read SEBI’s latest circular on handling unclaimed amounts in Real Estate Investment Trusts (REITs). Learn the procedural framework, claim process, and more
