Gujarat HC Quashes Section 153C Assessment as Time-Barred Beyond Ten-Year Limitation
Gujarat High Court quashed the Section 153C notice, assessment and demand for AY 2010-11 as barred by the statutory ten-year limitation.
ITAT Mumbai Quashes Reassessment for Invalid Section 151 Sanction Under Section 148
No Hearing Required for Intra-City Transfer of Income Tax Cases Under Section 127: Telangana HC
ITAT Allows Section 44ADA Benefit on CA Partner’s Professional Remuneration
ITAT Allows New Tax Regime Benefit Under Section 115BAC Despite ITR Clerical Error
Gujarat HC Quashes Section 148 Reassessment Notice as Barred by Ten-Year Limitation
ITAT Deletes Section 68 Additions After Assessee Discharges Primary Onus on Share Capital & Loans
ITAT Sets Aside Section 50C Addition as DVO Valuation Fell Within Tolerance Band
ITAT Allows 60% Depreciation on UPS, Restricts Section 14A Disallowance
AI Tool Has No Legal Sanction to Prepare GST SCN: P&H HC
Gauhati HC Quashes GST ITC Demand Against Bona Fide Purchaser for Seller’s Return Default
Post-Inspection Revised Return Cannot Shield Dealer from Sales Tax Penalty: Madras HC
Marwar Association Seeks Procedural Clarifications on GSTAT Appeal Process
Calcutta HC Quashes Wilful Defaulter Notice for Vague Allegations
SC Grants Divorce Under Article 142 Despite Husband’s Objection After Irretrievable Breakdown
SC Allows Recovery Suit Against Principal Borrower Despite IBC Moratorium on Guarantors
IRDAI Directs Timely Submission of SCNs & Documents to Insurance Ombudsmen
Delhi HC Affirms Confiscation of Gold Brought Without Declaration
SC Dismissed Revenue Appeal on Quicklime Classification Under CTH 2522
CESTAT Allows Classification of Imported Quicklime Under CTH 2522 10 00
CESTAT Kolkata Sets Aside MOOWR Interest Demand, Intended Use of Capital Goods Is Sufficient
NCLT Orders Winding Up of Punjab State Biotech Corporation Under Companies Act
Karnataka HC Upholds Tender Clause Disqualifying Bidders Linked to Promoter Director Defaulters
NCLT Sanctions Amalgamation of Indo Bevs with Indospirit Beverages After Creditor Approval
NCLT Orders Shareholder & Creditor Meetings for Proposed Amalgamation
ICSI Invites Online Applications for 20 Executive Assistant Posts Across India
ICAI Board Reprimands CA for Client Solicitation and Audit Ethics Breach
Work in Progress Verification: Why WIP Is Blind Spot in Inventory Control
ICAI Board Reprimands CA for Client Solicitation & Questioning Successor’s Competence
Demand Based on Books of Accounts Cannot Invoke Extended Limitation: CESTAT Chennai
CESTAT held that information derived from books of accounts cannot establish suppression for extended limitation, set aside penalty and allowed the appeal.
Private Records Alone Cannot Prove Clandestine Manufacture & Clearance: CESTAT Ahmedabad
CESTAT set aside excise duty, interest and penalties, holding that allegations of clandestine removal based on private records and a single statement lacked corroborative…
Late Payment Surcharge on Electricity Supply Not Taxable as Declared Service: CESTAT Chandigarh
CESTAT dismissed the Revenue's appeal and upheld the order dropping service tax demand on late payment surcharge collected on electricity supply, treating it as…
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty &…
Adv Akruti Goyal, a practicing CA handling GST compliance from 2015-2021. Qualified as a lawyer in…
Ajay Kumar Agrawal FCA, a science graduate and fellow chartered accountant in practice for over 26…
