ITAT Dismisses Revenue Appeals on TP, Sales Tax Deferral & Section 14A Issues
ITAT upheld CIT(A)'s relief on TP adjustments, sales tax deferral, Section 14A, project creditors and security deposit write-off, while dismissing the assessee's property advance claim.
ITAT Quashes Black Money Assessment Against Resident Not Ordinarily Resident for Lack of Jurisdiction
Property Purchased Jointly With Spouse Not Benami Under 1988 Act: Kerala HC
CESTAT Sets Aside Confiscation of Exotic Birds for Lack of Smuggling Proof
CESTAT Quashes Confiscation of Gold for Curable Advance Authorisation Lapse
Gujarat HC Quashes Section 153C Assessment as Time-Barred Beyond 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
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
Minority Shareholders Can Oppress Majority If They Control Management: NCLT Chennai
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
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
ITAT Allows New Tax Regime Benefit Under Section 115BAC Despite ITR Clerical Error
ITAT allowed Section 115BAC benefit after holding that an inadvertent ITR error could not defeat a valid option already exercised through Form 10-IE.
ITAT Upholds Deletion of Search Additions on Consultancy, Cash Sales & Section 69C Claims
ITAT dismissed Revenue’s appeals after finding search-based additions unsupported by corroborative evidence and upheld CIT(A)’s deletion of consultancy, cash sales and Section 69C additions.
Faceless Assessment SCN Must Allow Seven Days to Reply Under CBDT SOP: AP HC
Andhra Pradesh HC set aside an assessment order after holding that failure to grant seven days under the Section 144B SOP violated natural justice.
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…
