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Surplus doesn’t Bar Trust from seeking Section 10(23C)(vi) Exemption: Rajasthan HC

March 19, 2024 516 Views 0 comment Print

Rajasthan High Court rules in Chandigarh Manav Vikas vs Chief Commissioner of Income Tax case: Trust generating surplus still eligible for Section 10(23C) (vi) exemption. Details here.

In Transfer pricing associated enterprises can be selected as a tested party: Calcutta HC

March 19, 2024 219 Views 0 comment Print

Calcutta High Court dismisses PCIT’s appeal, reaffirming that the least complex party should be the tested entity in transfer pricing transactions, citing relevant precedents.

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

March 19, 2024 282 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 267 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 165 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.

Order passed u/s 144(C)(1) of Income Tax Act to be construed as draft assessment order only: Madras HC

March 19, 2024 885 Views 0 comment Print

Madras High Court rules that any order under Sec 144(C)(1) must be a draft assessment; detailed analysis of Ramco Cements Ltd. vs ITO case provided.

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

March 19, 2024 213 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 225 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 183 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.

Ex-gratia Bonus was allowable u/s 37(1) as Business Expenditure of Indian Express

March 19, 2024 1155 Views 0 comment Print

Exgratia bonus paid to the employees over and above the eligible bonus under the Payment of Bonus Act was allowable as expenditure under Section 37 (1).

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