In the Nano Infra Promoters Pvt Ltd vs ITO case at ITAT Kolkata, learn why receipts couldn’t be added to income under section 68 just for summons non-compliance.
Indore ITAT dismisses Abhishek Singh’s appeal against PCIT for filing belatedly, citing insufficient cause for the 6-year delay.
Discover the Delhi High Court’s ruling in Good Life Zip India vs. Commissioner of Delhi Goods and Service Tax & ANR regarding retrospective cancellation of GST registration due to failure to file returns. Understand the implications and legal nuances of the case.
ITAT Delhi in Preeti Bhardwaj Vs ITO held that AO cannot treat cash deposits as unexplained when assessee has provided the source of cash deposits being cash withdrawals without bringing adverse material.
CESTAT Chennai in United India Insurance Company Limited vs Commissioner of GST and Central Excise held that adjudicating authorities cannot review previous orders via corrigendum.
The case pertained to the disallowance of interest amounting to Rs. 1,16,82,953/- paid on an unsecured loan. This ruling sheds light on the meticulous examination of evidence and the importance of substantiating claims in tax matters.
Sanjay Kumar Sharma Vs PCIT (ITAT Delhi): ITAT’s ruling on interest under Land Acquisition Act as capital receipt and exempt under Section 10(37) analyzed.
Rugby Regency P. Ltd appeals against denial of depreciation on windmills and addition of income under Section 56(2)(viib) of Income Tax Act. Detailed analysis of the case from ITAT Delhi.
Read the detailed analysis of the Madras High Court ruling in Tvl. Future General India Insurance Co. Ltd. vs Assistant Commissioner regarding tax liability based on state-wise turnover.
Read about INS Consultancy’s withdrawal of three applications seeking advance ruling on the classification of roasted areca nut imports, as per Customs Authority for Advance Rulings, Mumbai.
