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Corporate Law Unconditional Stay of Money Decree Permissible in Exceptional Cases: Supreme Court Income Tax Reassessment Quashed for Wrong Section 151 Sanctioning Authority: ITAT Mumbai Corporate Law Wilful Defaulter Writ Disposed of After SBI Deletes Adverse CIBIL Entry: Delhi High Court Corporate Law Wilful Defaulter Declaration Without Proof of Borrowed Fund Diversion Quashed: Delhi HC Corporate Law Contractual Payment Dispute Given Criminal Colour, FIR Quashed: Supreme Court Corporate Law Delhi HC Restrains Coercive Action Against Directors During SFIO Investigation Challenge Corporate Law Husband Cannot Reduce Wife’s Maintenance Merely by Retiring: Supreme Court Income Tax Section 68 Addition on Penny Stock LTCG Deleted: ITAT Ahmedabad

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Income Tax

Allotment Letter Not Agreement for Sale Under Section 56(2)(x): ITAT Mumbai

CA Sandeep Kanoi4 months ago

Income Tax

Section 143(1)(a) Disallowance Set Aside on Debatable PF/ESI Issue: Chhattisgarh HC

CA Sandeep Kanoi4 months ago

Income Tax

Section 148 Notice Quashed as AO Cannot Review Own Assessment: Telangana HC

CA Sandeep Kanoi4 months ago

Income Tax

ITAT Bangalore Upholds Relief on Section 14A, MAT & Depreciation for Canara Bank

CA Sandeep Kanoi4 months ago

Income Tax

Capital Gains Taxable on Sale Deed Date, Not Receipt of Consideration: ITAT Hyderabad

CA Sandeep Kanoi4 months ago

Income Tax

Telangana HC Upholds Section 80P Deduction on Interest Income from Bank Deposits

CA Sandeep Kanoi4 months ago

Income Tax

No Proof of Proxy Flat Allotments, Section 80IB Deduction Allowed: ITAT Ahmedabad

CA Sandeep Kanoi4 months ago

Custom Duty

Personal Penalty Appeal Abates on Appellant’s Death if No Continuance Application Filed: CESTAT Chennai

CA Sandeep Kanoi4 months ago

Income Tax

Section 194Q Disallowance Deleted as Transmission Charges Outside Purchase of Goods: ITAT Delhi

CA Sandeep Kanoi4 months ago

Custom Duty

CENVAT Credit Demand & Penalty Upheld as Suppression Invoked Extended Limitation: Madras HC

CA Sandeep Kanoi4 months ago

Corporate Law

Interest-Bearing Inter-Corporate Loan Held Financial Debt: NCLT Kolkata

CA Sandeep Kanoi4 months ago

Corporate Law

PMLA Trial Cannot Be Stayed Without Discharge in Predicate Offence: Jharkhand HC

CA Sandeep Kanoi4 months ago

Corporate Law

Pre-CIRP LPSC Demand Set Aside Under Clean Slate Principle: Calcutta HC

CA Sandeep Kanoi4 months ago

Goods and Services Tax

GST Registration Cancellation Quashed for Defective SCN: Gauhati HC

CA Sandeep Kanoi4 months ago

Income Tax

ITAT Kolkata Upholds Relief on TP, Royalty, Lease Rent, Warranty; Remands Section 43B Issue

CA Sandeep Kanoi4 months ago

Corporate Law

PMLA Bail Granted Despite Section 45 Bar Due to Prolonged Custody: Calcutta HC

CA Sandeep Kanoi4 months ago

Goods and Services Tax

Time Spent in GST Rectification Excludable for Appeal Limitation: Gauhati HC

CA Sandeep Kanoi4 months ago

Goods and Services Tax

GST Section 83 Provisional Attachment Set Aside After One-Year Lapse: Karnataka HC

CA Sandeep Kanoi4 months ago

Goods and Services Tax

GST Registration Restoration Allowed on Filing Pending Returns: Gauhati HC

CA Sandeep Kanoi4 months ago

Goods and Services Tax

GST Registration Restoration Permitted on Rule 22(4) Compliance: Gauhati HC

CA Sandeep Kanoi4 months ago

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