Read the detailed Kerala High Court judgment in Poonjar Service Co-Operative Bank Ltd. vs ITO regarding tax assessment for 2018-19 under Section 80P of Income Tax Act. Understand implications and legal analysis.
Bombay High Court ruled that slump sales under Business Transfer Agreements are not taxable as sales of goods under the MVAT Act.
The ITAT Bangalore ruled that income tax additions can’t be based solely on unsubstantiated loose slips, emphasizing the need for corroborative material evidence.
Allahabad High Court directs relief for Mohd Azam, a petty unregistered dealer, allowing him to appeal against a seizure order after resolving technical difficulties.
ITAT Jaipur rules that AO’s non-addition of bogus LTCG does not make the order automatically erroneous. Detailed analysis of Vipul Kumar Modi vs PCIT case.
Learn about the Delhi High Court’s ruling in Svera Agro Ltd. v. Commissioner of Central Tax, stating CA certificates are not needed for GST refund of unutilized Input Tax Credit (ITC).
Learn about Delhi High Courts decision in Shree Padma Industries v. Union of India, granting the Assessee an opportunity of personal hearing in GST dispute matters.
Read the detailed analysis of Zodiac Ventures Ltd. vs. ITO case by Mumbai ITAT regarding income tax disallowance based on presumptions of future dividend earnings. Full text of the ITAT order included.
Bombay High Court remands HDFC Bank vs Commissioner of Central Excise case due to lack of observations in appellate order, indicating non-application of mind.
Patna High Court to hear the case on the 18% GST demand on sand extraction royalty on January 30, 2024. Key arguments focus on whether royalty is a tax or service.
