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Judiciary

Alleged GST evasion of Rs. 43.93 crores: Rajasthan HC grants bail

March 19, 2024 216 Views 0 comment Print

Detailed analysis of the Rajasthan High Court’s decision to grant bail to Vikas Bajoria under Section 439 Cr.P.C. in connection with a tax evasion case. Learn about legal arguments, precedents, and conditions imposed.

Alleged GST evasion of ₹17 crores: Rajasthan HC grants bail to accused

March 19, 2024 225 Views 0 comment Print

Detailed analysis of the Rajasthan High Court judgment granting bail to Vishesh Sahal under Section 439 Cr.P.C. in connection with a tax evasion case. Learn about the legal arguments, precedents, and conditions imposed.

Alleged GST evasion of Rs. 21 crores: Rajasthan HC grants bail to accused

March 19, 2024 183 Views 0 comment Print

Dive into the Naresh Chandra Jajra vs Union of India case at Rajasthan High Court. Detailed analysis of the judgment granting bail. Understand the legal intricacies.

Ex-gratia Bonus was allowable u/s 37(1) as Business Expenditure of Indian Express

March 19, 2024 1155 Views 0 comment Print

Exgratia bonus paid to the employees over and above the eligible bonus under the Payment of Bonus Act was allowable as expenditure under Section 37 (1).

Lalit Goyal’s Petition Dismissed: SC directs Trial Court to expedite trial proceedings

March 19, 2024 228 Views 0 comment Print

Read about the dismissal of Lalit Goyal’s petition by the Supreme Court of India. The court requests expeditious trial conclusion within six months.

Vinay Kant Ameta Bail: Supreme Court Grants Conditional Release

March 19, 2024 183 Views 0 comment Print

Read the Supreme Courts judgment in Vinay Kant Ameta vs Union of India case where bail is granted on the condition of depositing Rs.200 crores.

AO cannot resort to estimation of gross or net profit without rejecting books

March 18, 2024 807 Views 0 comment Print

Interest on Business Deposits Not Taxable as Income from Other Sources; AO Cannot Estimate Gross Profit Without Rejecting Books of Accounts: ITAT

No Section 80IC deduction if Audit was not completed on or before filing ITR

March 18, 2024 483 Views 0 comment Print

Securico Electronics vs. ACIT: ITAT Delhi disallows Rs.33,97,998 80IC deduction due to late Form 10CCB filing. Full text analysis & conclusion.

Toyota Financial: ITAT Directs Re-Adjudication on Taxability of NPAs’ Interest

March 18, 2024 297 Views 0 comment Print

Toyota Financial Services India Ltd vs ACIT: ITAT Bangalore provides relief, orders re-adjudication on taxability of NPAs’ interest income. Full text analysis.

ITAT Delhi quashes reassessment initiated by AO on incorrect facts

March 18, 2024 882 Views 0 comment Print

ITAT Delhi quashes reassessment initiated by AO on incorrect facts. Full text analysis of Shri Anuj Chaudhary vs ITO case for AY 2009-10.

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