ITAT Delhi invalidates assessment against elderly woman due to AO’s failure to obtain mandatory prior approval under Section 153D of Income Tax Act.
ITAT Cochin holds voluntary contributions to unregistered charitable trust taxable. Lack of 12AA registration means no Sec 11 exemption, donations taxed under Sec 2(24).
Bombay High Court tells Payu Payments to respond to DGGI tax show cause notice, reinforcing legal principle of exhausting alternate remedies first.
ITAT Mumbai held that date of allotment letter, rather than date on which purchase deed of conveyance was entered, should be considered for holding period of the property. Accordingly, appeal of assessee allowed.
Gayatri Balasamy Vs ISG Novasoft Technologies Limited (Supreme Court of India) In its landmark judgment delivered on 30th April 2025, the Supreme Court of India addressed the contentious issue of whether Indian courts possess the authority to modify arbitral awards under Sections 34 and 37 of the Arbitration and Conciliation Act, 1996. The case, Gayatri […]
Gauhati HC affirms Central Govt’s power to notify mandatory BIS quality standards as a policy decision in Century Plyboards case.
ITAT Mumbai rules revenue matching isn’t a precondition for claiming business expenses u/s 37(1). Learn about this important income tax decision.
Delhi High Court directs directors penalised in GST evasion case to use appellate remedies, clarifies ‘any person’ liability under CGST Act.
Unless there were exceptional reasons like violation of the principles of natural justice or such other exceptional reasons, a challenge against an order under section 148A ought not to be entertained by the High Court under Article 226 of the Constitution of India.
Supreme Court held that arbitration proceeding culminating into award post approval of resolution plan by NCLT is not tenable in law since Facilitation Council loses its jurisdiction to proceed and pronounce arbitral award in view of approved resolution plan.
