News

Telangana High Court held that granting registration under section 12A retrospectively is not permissible as cogent reasons ...
GST excise duty and CENVAT credit system, explaining how taxes were levied, credits claimed, and the rationale behind their ...
ITAT Mumbai held that the addition in respect of bogus purchases is to be limited to the extent of bringing the gross profit rate on such purchases at the same rate as of other genuine purchases.
Madras High Court rules in favor of Enfinity Solar, quashing an assessment order due to the tax authorities' failure to issue a mandatory draft assessment order after ...
Understand GST ITC refunds for inverted tax structures when input and output goods are the same. Learn about legal provisions and CBIC clarifications on this ...
This court is required to draw a balance between the right of the petitioner to travel abroad and also the right of the prosecution to duly prosecute the petitioner so as to prevent him from evading ...
Aurangabad Bench of Bombay HC declines to quash rape FIR despite compromise, citing seriousness of offence and need to prevent misuse of legal ...
ITAT Delhi held that addition under section 69A of the Income Tax Act towards cash deposited during demonetization cannot be sustained as source of cash deposited is cash sales and the same is already ...
ITAT Bangalore remands Sardar Imtiyaz Pasha's appeal to AO, citing unfair profit estimation and denial of fair hearing by CIT(A). Case sent back for fresh review of cash ...
Madras High Court held that the scope of review being very limited, the review application is dismissed as there is no error apparent on the face of the impugned judgment. Writ petition disposed of, ...
ITAT Mumbai under Resale Price Method [RPM] focus is more on same or similar nature of products rather than similarity of products. Thus, TPO directed to include 5 companies as comparable for ...
Understand capital gains tax on jointly held properties in India. Learn about beneficial ownership, funding patterns, clubbing provisions, and Section 54 exemptions for ...