ITAT Kolkata held the penalty under section 271E of the Income Tax Act not leviable since in the present case there was no repayment of loan received from the members but it was loan disbursed to ...

ITAT Delhi held that it is well settled principle of law that no addition can be made in unabated years in assessment u/s 153C of the Income Tax Act without any incriminating material. Accordingly, ...

ITAT Delhi held that issuance of notice under section 153C of the Income Tax Act beyond six years prior to relevant searched assessment year is beyond jurisdiction and accordingly liable to set aside.

ITAT Ahmedabad held that delay of 244 days in filing of an appeal caused due to genuine hardship faced by the assessee is condonable. Accordingly, delay condoned due to bona fide reason being ...

CESTAT Mumbai held that transfer of mandatory stipulations in regulation17 of Customs Brokers Licensing Regulations, 2018 as directory without demonstrating customs broker fault is unjustifiable.

In a recent ruling, the Delhi bench (NCLAT) while dismissing the appeal of the bank have held that Once the CIRP was initiated, the amount lying in the “No Lien Account”, is an asset of the Corporate ...

The ruling come out in a controversy where high court awarded maintenance u/s 125 Cr.P.C to wife amounting to Rs. 1,00,000/- per month and Rs. 50.000/- per month to each of the two children. HC took ...

3. Whether on facts of the case and in law, the Ld. CIT (A) has erred in quashing the proceeding initiated u/s. 153C of the Act while not appreciating that it is modus operandi of the assessee wherein ...

In a recent ruling ITAT Delhi partly allowed the appeal of the assessee and modified the order passed by the AO is modified ...

In pursuance of clause (3) of article 348 of the Constitution of India, the following translation in English of the Maharashtra Value Added Tax (Amendment and Validation) Bill, 2024 (L. A. Bill No.

Goods and Services Tax (GST) e-Invoice System and API Developer’s Portal will implement new validations in the E-Waybill System starting January 1, 2025.

आर्थिक मंदी बढ़ने के दो कारण है महंगाई और बेरोजगारी। आज पूरा विश्व आर्थिक मंदी के दौर से गुजर रहा है। विश्व के सभी ...