Sonam Wangchuk Case
Company & PMLA
NCLT Rejects Insolvency Plea Over ₹3.11 Crore GST Success Fee
The National Company Law Tribunal (NCLT), Chennai, has dismissed an insolvency petition seeking recovery...
Direct Tax
Transport Expenses Can’t Be Disallowed After AO Verifies Transactions as Genuine: Income Tax Appeal Allowed [READ ODER]
The National Faceless Appeal Centre (NFAC) has deleted an addition of ₹42.09 lakh made...
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Company & PMLA
NCLT Rejects Insolvency Plea Over ₹3.11 Crore GST Success Fee
The National Company Law Tribunal (NCLT), Chennai, has dismissed an insolvency petition seeking recovery...
Direct Tax
Transport Expenses Can’t Be Disallowed After AO Verifies Transactions as Genuine: Income Tax Appeal Allowed [READ ODER]
The National Faceless Appeal Centre (NFAC) has deleted an addition of ₹42.09 lakh made...
Direct Tax
Mere Surge in Penny Stock Price Cannot Make Capital Gains Bogus Without Evidence Linking Assessee to Manipulation: Madras High Court
The Madras High Court has held that a steep and commercially inexplicable increase in...
Direct Tax
No Mandatory Rs.75K Or Rs. 1.50 Lakh Late Fee on Delayed Tax Audit Report for FY 2025-26
Taxpayers filing their Tax Audit Reports for Financial Year 2025-26 after the prescribed deadline...