Kerala High Court directs the NFAC to expedite the resolution of income tax appeals and stay applications, preventing recovery proceedings on arrears.
Explore Delhi High Court’s ruling on PCIT vs. New Delhi Tyre House, unraveling MAP agreement intricacies, income additions, and implications for AY 2013-14.
Kerala High Court upholds assessment order against BSNL in a detailed judgment. The telecom company can appeal under the Finance Act, 1994
Gujarat High Court rules that non-consideration of reply and violation of natural justice in GST DRC-7 order requires a fresh hearing. Details and implications.
Read about the Delhi High Court’s decision in Asian Hotels Ltd vs. CIT, where ITAT allowed deductions for renovation, refurbishment, and professional fees.
Explore Delhi High Court’s judgment on PCIT vs VE Commercial Vehicles Ltd, AY 2011-12. Bad debts and training expenses considered. Full analysis here.
The Delhi High Court upholds the deletion of a disallowance on bad debts amounting to Rs 5 crores acquired by VE Commercial Vehicles Ltd from its predecessor-in-interest.
Delhi High Court grants relief to Oriental Bank of Commerce, allowing depreciation on temporary wooden structures. Analysis of key issues in the judgment.
Understand the condonation of delay imposed by the Delhi High Court in the case of CIT Vs. Standard Chartered Grindlays Pty Ltd. Learn about the penalty imposed and the background of the appeal under Section 271(1)(c) of the Income-tax Act, 1961.
Delhi High Court’s verdict on reassessment under Section 153A of Income Tax Act without incriminating material. Analysis and legal implications. Learn more.
