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Mere Disallowance of Claim Doesn’t Amount to Furnishing Inaccurate Particulars: ITAT Deletes Penalty

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has deleted penalty levied under Section...

Mere ‘Insight Portal’ Inputs Held Insufficient to Sustain Rs. 89.28 Lakh Addition: ITAT

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside a reassessment initiated...

0.3% Profit Estimation Upheld in NSEL Paper Transactions; Disallows Rs. 59.52 Cr Bogus Loss: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the...

Assessee Can’t Claim Relief After Missing 3-Year Deadline: Delhi High Court Upholds Rejection of Delay Condonation Plea for Form 10-IC

The Delhi High Court has dismissed a writ petition filed by Mentaura Technologies Pvt....

FSSAI Delay in Filing ITR Form 10 Condoned: Delhi High Court

The Delhi High Court has held that the tax department must adopt a liberal...

Job Work Manufacturing Can’t Be Taxed as ‘Renting of Immovable Property’: ITAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench has held that manufacturing...

No Addition If No Fresh Share Capital or Premium Received During Year: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that no addition under...

Lease Rentals from SEZ IT Parks Taxable as Business Income: ITAT Allows Change of Head of Income in S. 153A Proceedings

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that an assessee can...

Mere Admission of Undisclosed Income Without Explaining Source Attracts S. 271AAB(1)(c): ITAT Reduces Penalty to 30%

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that where...

Software Expenses Not Capital Asset, Allowable as Revenue; Double Disallowance Cannot Lead to Taxation Twice: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that expenditure...

CIC Order Directing Disclosure of Husband’s Income Tax Details Quashed: Delhi High Court

The Delhi High Court has set aside an order of the Central Information Commission...

Latest articles

Higher Exam Marks Can’t Cure Missing Essential Qualification: Supreme Court

The Supreme Court has held that higher marks in a recruitment examination cannot compensate...

PMLA | Failure To Expressly Address Every Written Submission Doesn’t Violate Natural Justice If Fair Hearing Is Given: Karnataka HC

The Karnataka High Court has dismissed two writ petitions filed by JSW Steel Limited...

ED Can Continue Money Laundering Probe After Filing Complaint Without Prior Court Permission Before Charges Are Framed: Calcutta High Court

The Calcutta High Court has dismissed a petition challenging further investigation by the Enforcement...

No Pre-Deposit For Disputed GST Interest-Only Appeal; Customer’s Non-Payment Can’t Stop Interest Liability: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru Bench, has held that an...