News

This webinar on June 28, 2025, covers Income Tax Act surveys, including types, legal frameworks, taxpayer rights, critical ...
Sikkim High Court held that in Budgetary Support Scheme though the claims are to be filed quarterly, however the amount of ...
Pune ITAT rules on Piaggio's case, remanding a transfer pricing issue on spare parts exports and partially allowing corporate ...
The ITAT Delhi has deleted an addition of Rs. 41.16 lakh made by the tax authorities on cash deposits by Surendra Kumar Gupta, ruling that the source was adequately ...
Madras High Court stays penalty orders under Sections 270A and 271AAC against Aadhitya Property Developers, pending a decision on the assessee's belated appeal against the core assessment ...
Karnataka High Court registers suo motu case on Chinnaswamy Stadium stampede, seeking status report. 11 dead. FIR lodged against RCB, event management, KSCA. Judicial inquiry ...
Bombay High Court dismisses revenue's appeal, affirming no Section 14A disallowance if no exempt income is received or receivable, citing the Delhi High Court's Cheminvest Ltd. ruling upheld by the ...
Delhi ITAT rules in Ajay Singh vs. ACIT, quashing reassessment for AY 2012-13. Citing borrowed satisfaction and lack of independent inquiry by AO, the tribunal highlights the need for a direct link ...
ITAT Surat remands Navsari Modh Vanik Panch's 80G approval case to CIT(E), Ahmedabad. The trust, registered under 12A/12AB, faces re-evaluation of its charitable status based on recent financial ...
ITAT Jaipur ruled excess stock found in survey as business income, upholding a change in stock valuation method and deleting addition for making ...
ITAT Indore rules excess gold stock found during search is business income, not unexplained investment, and 115BBE not ...
ITAT Delhi rules Oberoi Motors can set off business losses against income surrendered during survey, citing judicial precedents and CBDT circular on Section ...