ITAT Ahmedabad allows a bank’s loss on the sale of government securities and depreciation, citing regulatory compliance and business activity.
Delhi High Court restores an appeal on the CESTAT Board despite a 9-day pre-deposit delay. Full text of the judgment and its implications discussed.
Whether addition made by Assessing Officer under Section 68 was justified, particularly in light of non-response from directors to notices.
Read the detailed analysis of Baisany Ramiah Chetty Pandurangan Vs Assistant Commissioner (ST)(FAC) judgment from Madras HC. Learn why GSTR 9, GSTR 9C, and income tax documents were deemed insufficient to establish Goods Transport Services under RCM.
Read the full judgment/order of Madras High Court quashing an I-T assessment order adding Rs. 16Cr unexplained expenditure without reasonable time. Portal reopening ordered.
Madras High Court sets aside a tax demand order, citing lack of opportunity. Petitioner contests ITC claim on commercial vehicle purchase. Read full judgment here.
Discover the Madras High Court’s verdict on tax dispute stay applications. Learn how the ruling impacts taxpayers and legal proceedings. Full judgment insights.
Jayanthi Plastics (Defunct) vs Deputy State Tax Officer-2: Madras High Court rules it impermissible to reopen an issue in a subsequent notice already decided in a previous order.
Madras HC directs refund by TNGST Act violators. Failure to justify recovery before limit. Detailed analysis and implications of the court order.
ITAT Delhi deletes Rs. 89.7 Lakhs addition u/s 68 IT Act in ACIT vs. Daya Rani. Detailed analysis of taxpayer’s explanation for capital enhancement.
