Read the full text of the ITAT Delhi order on Sec 56(2)(viib) and its implications for premium amounts on shares issued to holding companies.
Calcutta High Court provides temporary relief to taxpayers awaiting GST Appellate Tribunal, allowing challenges against WB Goods and Services Tax Act orders.
Explore the CESTAT Allahabad order on Ratan Textiles Pvt Ltd vs Commissioner of Customs, discussing the absence of a time limit under Section 27 for refunding customs penalty and redemption fines.
In this case, Gudiyatham Muniraj Ashokkumaran challenged an assessment order, citing breach of natural justice principles due to inadequate response time to an Income Tax show cause notice.
Bombay High Court decision in CIT Vs Madhukar K. Inamdar H.U.F., addressing applicability of CBDT Circular dated 15-05-2008 on tax effect limits for appeals.
In the case of Mewar Hospital Pvt. Ltd. Vs ACIT (ITAT Jodhpur), Bench ruled no addition for explained demonetization currency deposited in bank, validating proper accounting practices.
Dhanpat Raj Khatri Vs ITO (ITAT Jodhpur) If the explanation based on accounts supported by affidavit is not controverted, no addition should be made.
ITAT Jaipur quashes PCIT order in Yesh Dagas case, citing violation of natural justice principles. Key points of the judgment and implications discussed in detail.
Read the detailed judgment of Kerala High Court on K.S. Pareed Vs State of Kerala regarding GST return filing deadline extension to 30th November.
Gujarat High Court quashes Income Tax reassessment notice against Deepak Natvarlal Pankhiyani HUF, citing lack of fresh evidence supporting income escapement from stock trading.
