This clear pronouncement from the Delhi High Court, classifying donations received towards the corpus of the trust as ...

Visakhapatnam bench, has dismissed an appeal by the Revenue against an order that deleted an addition of ₹2.85 crores to the ...

Periodically review your portfolio and rebalance as required.

In a significant ruling, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has held that service ...

The case involved Tapas Kumar Das, the assessee, whose income tax return for AY 2017-18 was selected for scrutiny under the ...

The Income Tax Appellate Tribunal (ITAT), Kolkata bench, has allowed appeals filed by Bagla Agro Limited for the assessment years (AY) 2019-20 and 2021-22, deleting an addition made by the Assessing ...

CIT(A)] after identifying a significant factual error in the first appellate authority’s order. The CIT(A) had mistakenly treated the private limited company as a cooperative society, applying ...

Applying the principle laid down by the Supreme Court in the CEAT Ltd. case, the ITAT concluded that the conditions precedent for reopening the assessment beyond the four-year period were not met. The ...

17. In L.R. Sharma (supra), the Hon’ble Delhi High Court has referred the judgment of the Hon’ble Gujarat High Court in Siddhi Vinayak Syntex Pvt. Ltd. v. Union of India reported in 2017 (352) E.L.T.

Similarly, operating contract expenses of Rs. 3,33,01,861 were disallowed by the AO under Section 40 (a) (i) on the grounds that the assessee had not withheld tax on payments made to non-residents.

The NCLAT observed that permitting the financial creditor to change the date of default at that stage effectively nullified the corporate debtor’s pending application, which specifically disputed the ...

Before the Madras High Court, both sides were heard in the appeal filed by the Principal Chief Commissioner. The court observed that as a result of the Supreme Court’s intervention and the subsequent ...