The ITAT Delhi has set aside an order that levied an excessive 37% surcharge on the dividend income of Srijan Family Trust, confirming the correct rate is 15%.
The Delhi High Court has directed the Commissioner of Customs to consider the re-export of a gold chain and wire detained without a Show Cause Notice.
The Income Tax Appellate Tribunal (ITAT) Mumbai has provided relief to Axis Finance Limited by ruling that club membership and subscription fees paid for employees are a valid business expense under Section 37(1) of the Income-tax Act.
The ITAT Pune has remanded the case of Nazneen Parvez Memon, citing a tax preparer’s error that led to a drastically inflated income declaration without the assessee’s knowledge.
The Orissa High Court has disposed of a writ petition after a tax authority admitted its error in creating a duplicate GST assessment for the same tax period, reducing the demand to zero.
The Income-tax Appellate Tribunal (ITAT) in Chandigarh has ruled in favor of an assessee, deleting a significant cash deposit addition made by the Assessing Officer.
Uttarakhand HC has declined to order unblocking of fixed deposits for Garhwal Sainik Sahkari Samiti Ltd., leaving decision to Registrar of Cooperative Societies.
Delhi High Court has set aside a tax department notice to cancel a foundation’s tax registration, ruling it was premature while an FCRA cancellation challenge is pending.
Orissa HC ruled that Bhubaneswar Development Authority must refund an excess fee to a petitioner, citing a legal principle against unjust enrichment and a precedent from SC.
The ITAT Chandigarh has ruled that late payments of employees’ PF and ESI contributions are not deductible, upholding the principle from the Supreme Court’s Checkmate Services case.
