ITAT Chandigarh cancels income tax reassessment of Manjeet Singh, citing lack of jurisdiction and procedural errors by the Assessing Officer.
ITAT Mumbai rules in favor of Lintas Trust on surcharge issue, clarifying no surcharge applies when income is below ₹50 lakh as per Finance Act provisions.
CESTAT Delhi rules on AVVNL’s service tax dispute involving police support, employee penalties, and tender non-compliance. Partial relief granted.
CESTAT Hyderabad rules liquidated damages to BHEL are not taxable under service tax law as they do not constitute payment for tolerating an act.
Bombay HC permits Optra Health to correct ITR name error for AY 2017-18 after delay due to internal issues. Court emphasizes justice over technicalities.
Supreme Court affirms that an agreement to ‘conduct’ a hotel business does not automatically confer tenancy rights under the Bombay Rent Act.
ITAT Mumbai dismisses revenue appeal against deletion of Sec 56(2)(viia) addition in ITO vs S D N Company case, concerning share valuation and family settlement.
A Rajendra Vs Gonugunta Madhusudhan Rao & Ors (Supreme Court of India) The Supreme Court of India has upheld an order by the National Company Law Appellate Tribunal (NCLAT), dismissing appeals filed by A Rajendra, a shareholder and suspended Managing Director of Dharti Dredging and Infrastructure Limited (Corporate Debtor). The NCLAT had dismissed the appeals […]
The case of the assessee was selected for complete scrutiny assessment and notice u/s 143(2) of the Income Tax Act, 1961 was issued. Consequently, notice u/s 142(1) of the Income Tax Act, 1961 were also issued.
Karnataka High Court rules Section 263 cannot be invoked solely due to the absence of a DVO report, if best judgment assessment was an option.
