Bombay HC in Hindustan Export & Import Corporation Private Limited Vs DCIT held that sharing newspaper cuttings alone did not meet criteria for sharing commercial expertise under Section 80-0 of Income Tax Act, 1961.
CESTAT Delhi ruled that advertising expenses for post-import goods can’t be part of their value. Detailed analysis of Reliance Brands Luxury Fashion Pvt. Ltd. Vs Principal Commissioner of Customs case.
Explore the case of A V Satheeshkumar against Catholic Syrian Bank Ltd, analyzing allegations, legal proceedings, and Competition Commission of India’s decision.
Whether interest retained by NBFCs on assets purchased by SBI falls under categories of interest, fees for professional/technical services, or commission/brokerage?
No Service Tax on Agreement with government for supply of water on the basis of volume of water drawn as same is not a case of assignment of right to use natural resources of government.
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.
