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Business Income

Writ Appeal Bench Can’t Reverse a Just and Reasonable Order Merely Because It Takes a Different View: Supreme Court 

The Supreme Court has held that a High Court’s Division Bench hearing a Letters...
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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...

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Writ Appeal Bench Can’t Reverse a Just and Reasonable Order Merely Because It Takes a Different View: Supreme Court 

The Supreme Court has held that a High Court’s Division Bench hearing a Letters...

Public Property Auction Can Be Cancelled Before Conveyance If Price Is Substantially Low Despite Full Payment: Supreme Court

The Supreme Court has upheld the Chandigarh Administration’s decision to cancel the auction of...

Temple Inam Land Can’t Be Gifted To Govt. Even For Public Purpose: Supreme Court Imposes ₹1 Lakh Costs

The Supreme Court has held that temple inam land cannot be gifted to the...