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Taxpayers Opting Vivad Se Vishwas Can Withdraw Appeals Without Prejudice

March 8, 2025 3474 Views 0 comment Print

ITAT Pune dismisses Ravi Shivangekar’s appeal as withdrawn under the Vivad Se Vishwas Scheme 2024, allowing tax dispute resolution.

Retrospective Amendment Doesn’t Justify Reassessment Beyond Four Years

March 8, 2025 762 Views 0 comment Print

Bombay High Court sets aside IT reassessment against Oxford University Press, ruling no failure to disclose material facts for reopening beyond 4 years.

Bad debts recovered & offered to tax cannot be taxed again under Section 69A

March 8, 2025 1155 Views 0 comment Print

ITAT Chennai rules bad debt recovery as business income, deleting Rs. 1 crore addition under Section 69A. Read full details on the tribunal’s decision.

ITAT Chennai Orders Fresh Assessment in Form 10BB Delay Case

March 8, 2025 1026 Views 0 comment Print

ITAT Chennai sets aside tax assessment over delayed Form 10BB filing, remanding the case for fresh consideration after pending condonation request is resolved.

Madras HC Sets Aside Ex Parte GST Demand Orders for Lack of Opportunity to Respond

March 8, 2025 945 Views 0 comment Print

Madras High Court quashes GST demand order, citing violation of natural justice as notices were not physically served, and remands case for fresh consideration.

Mere non-residential use would not render a property ineligible for Section 54F

March 7, 2025 2484 Views 0 comment Print

ITAT Delhi’s ruling in Mahavir Prasad Gupta vs. JCIT (AY 1997-98) addresses Section 54F exemption, long-term capital gains, and interest under Sections 234B & 234C.

CCI Dismisses Complaint Against Victor Hospital for Alleged Anti-Competitive Practices

March 6, 2025 987 Views 0 comment Print

The Competition Commission of India rejected Moses Pinto’s complaint against Victor Hospital, ruling no violation of Sections 3 and 4 of the Competition Act, 2002.

CCI rejects claims of anti-competitive conduct in PM SHRI scheme tender

March 6, 2025 477 Views 0 comment Print

CCI rejects claims of anti-competitive conduct by Navodaya Vidyalaya Samiti and RailTel in PM SHRI scheme tender, citing lack of evidence.

Business linkages alone don’t prove anti-competitive conduct without collusion evidence: CCI

March 6, 2025 678 Views 0 comment Print

The CCI finds no evidence of bid rigging in Aegis Logistics’ tender process. Read the details of the case and judicial precedents behind the decision.

Microsoft’s Defender bundling with Windows OS not anti-competitive: CCI

March 6, 2025 906 Views 0 comment Print

CCI rejects allegations that Microsoft abused its dominant position in Windows OS market to favor its Defender antivirus, finding no anti-competitive conduct

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