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Toll Collection Right Deemed Intangible Asset: Depreciation allowed

March 19, 2024 990 Views 0 comment Print

Mumbai ITAT allows depreciation on ‘right to collect toll tax’ on infrastructure facilities for Roadstar Investment vs ACIT. Detailed analysis and implications provided.

Section 11 exemption can’t be denied merely for Journal Sale & Subscription Income

March 19, 2024 861 Views 0 comment Print

Mumbai ITAT rules income from sale and subscription of journals not basis to deny exemption u/s 11 if not main objects of trust in ITO vs Satvichar Darshan case. Detailed analysis provided.

Retracted Statement Doesn’t Justify Treating Currency Derivative Loss as Bogus

March 19, 2024 633 Views 0 comment Print

DCIT Vs Delight Suppliers Pvt. Ltd. case by ITAT Kolkata, where currency derivative loss was deemed genuine and safe harbour rule of 5% under Section 50C was allowed.

Supreme Court Guidelines on Bail in Satender Kumar Antil vs. CBI

March 19, 2024 3561 Views 0 comment Print

Explore the landmark judgment of Satender Kumar Antil vs. Central Bureau of Investigation, where the Supreme Court of India categorizes offenses for bail and emphasizes the importance of liberty in modern civilization.

Alleged GST evasion of Rs. 869 Crores: HC denies Bail to accused

March 19, 2024 1317 Views 0 comment Print

Delve into the detailed analysis of the Rajasthan High Court judgment in Sohan Singh Raos bail application under Section 439 Cr.P.C. for alleged tax evasion. Explore arguments, case comparisons, and courts decision.

HC Denies Bail in Rs. 47 Crore GST Evasion Case, directs Expedited Trial

March 19, 2024 720 Views 0 comment Print

Explore the detailed analysis of Sumit Duttas fifth bail application under Section 439 of Cr.P.C. in Rajasthan High Court, regarding a CGST offence, examining legal precedents and court directives.

GST evasion over Rs. 15 Crores: HC denies interim bail to accused

March 19, 2024 456 Views 0 comment Print

Detailed analysis of Ratnambar Kaushiks bail plea under Section 439 of CrPC, involving charges under CGST Act. Rajasthan High Courts decision discussed.

Alleged GST evasion of Rs. 43.93 crores: Rajasthan HC grants bail

March 19, 2024 621 Views 0 comment Print

Detailed analysis of the Rajasthan High Court’s decision to grant bail to Vikas Bajoria under Section 439 Cr.P.C. in connection with a tax evasion case. Learn about legal arguments, precedents, and conditions imposed.

Alleged GST evasion of ₹17 crores: Rajasthan HC grants bail to accused

March 19, 2024 468 Views 0 comment Print

Detailed analysis of the Rajasthan High Court judgment granting bail to Vishesh Sahal under Section 439 Cr.P.C. in connection with a tax evasion case. Learn about the legal arguments, precedents, and conditions imposed.

Alleged GST evasion of Rs. 21 crores: Rajasthan HC grants bail to accused

March 19, 2024 432 Views 0 comment Print

Dive into the Naresh Chandra Jajra vs Union of India case at Rajasthan High Court. Detailed analysis of the judgment granting bail. Understand the legal intricacies.

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