ITAT Delhi held that approval memo u/s. 153D of the Income Tax Act is totally silent on the issues involved and has been ...

AD Equity-Linked Savings Schemes (ELSS) are among the best tax-saving investment options available in India. These funds ...

Patna High Court granted bail to petitioner accused in GST evasion case since arrest was made on the basis of suspicion and ...

As the tax filing season for ITR’s for the financial year 2024-25 is about to start, most probably after mid of June, many ...

Telangana High Court directed petitioner to file an appeal before appellate authority due to availability of alternative ...

Thus, the time-limit for issuance of SCN in non-fraud or non – suppression cases is 2 years and 9 months from the due date of ...

During assessment proceedings, relying solely on non-response, AO treated the capital contribution by Goodfarms Calfcare LLP as unexplained cash credit and made addition u/s. 68 taxing the same u/s.

ITAT Ahmedabad held that addition under section 68 of the Income Tax Act unsustainable since revenue/ department failed to establish that LTCG earned is non-genuine. Accordingly, appeal of revenue ...

NCLAT Delhi held that granting waiver u/s. 244 (1) (b) of the Companies Act, 2013 justified in a petition alleging oppression and mismanagement in the Calcutta Cricket & Football Club. Accordingly, ...

CESTAT Delhi held that a Certificate issued by a Chartered Accountant, therefore, cannot be lightly brushed aside without there being any cogent evidence to the contrary. Thus, order directing refund ...

The introduction of this TCS on these particular high-value goods signifies a move by the tax authorities to monitor and collect tax at the point of sale for certain categories of transactions, ...

Gujarat High Court held that initiation of revisionary proceeding under section 263 of the Income Tax Act post complete extinguishment of all tax liabilities of Corporate Debtor upon approval of ...