Andhra Pradesh High Court sets aside GST assessment order against Teju Granites due to missing signature and DIN, allowing fresh assessment.
ITAT Delhi rules in favor of Schenker India, allowing CSR donations under Section 80G despite mandatory nature. Read key takeaways from the case.
ITAT Mumbai quashes Sec 263 revision in Narayan Rane’s case. Holds AO took plausible view, order not erroneous & prejudicial despite Pr. CIT alleging lack of inquiry.
Bombay High Court dismisses revenue appeal, upholds ITAT ruling on assessment of CD marketing rights expenditure.
Delhi High Court clarifies in Anindita Sengupta case that SC’s Ashish Agarwal judgment doesn’t mandate reopening concluded income tax reassessments.
Gujarat High Court quashes Punjab National Bank’s tax assessment, citing non-application of mind and imposes an exemplary cost of ₹1 Crore on the tax authorities.
ITAT Delhi allows Kapil Dev a ₹1.5 Cr tax exemption on a one-time benefit from BCCI under Section 56(2)(vii). Read details of the ruling and legal arguments.
ITAT Mumbai rules on gift tax for step-siblings. Case examines relative definition under Section 56. Legal analysis of tax implications.
Supreme Court grants mutual divorce in Arun Arya vs. Parul Singh, transferring flat ownership to wife and exempting stamp duty under Registration Act.
Jaipur ITAT sets aside PCIT order under Section 263 in Smt. Lata Phulwani case, citing AO’s due inquiry and permissible view on Sec 54F deduction.
