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ITO Cuts Rs. 1.42 Lakh Income Tax Demand to Rs. 671 Despite S. 154 Time-Limit Objection [READ ORDER]

In a significant taxpayer-relief case, the Income Tax Department has reduced a demand of...

Bombay High Court Quashes Rs. 20.16 Crore TP Adjustment as Mandatory SCN Was Not Served

The Bombay High Court has set aside a transfer pricing order proposing an adjustment...
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Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

The Central Board of Indirect Taxes and Customs (CBIC) has notified the fixation of...

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ITO Cuts Rs. 1.42 Lakh Income Tax Demand to Rs. 671 Despite S. 154 Time-Limit Objection [READ ORDER]

In a significant taxpayer-relief case, the Income Tax Department has reduced a demand of...

Bombay High Court Quashes Rs. 20.16 Crore TP Adjustment as Mandatory SCN Was Not Served

The Bombay High Court has set aside a transfer pricing order proposing an adjustment...

Homebuyers Can’t Be Penalised for Developer’s “Past Sins”: Supreme Court Rejects NOIDA’s Time Extension Charges as CIRP Costs

In a significant ruling protecting homebuyers affected by prolonged insolvency proceedings, the Supreme Court...

S. 106 Can’t Replace Proof of Guilt: Supreme Court Acquits Man in Kidnapping-Murder Case, Calls Investigation ‘Shoddy’

The Supreme Court has acquitted a man convicted in a kidnapping and murder case...