Held that where department had accepted the re-payment of loans in the subsequent year, no addition was to be made in the current year on account of cash credit. Respectfully following the same, the ...

Calcutta High Court held that invocation of extended period of limitation without establishing wilful mis-statement and suppression of material facts with intent to evade payment of tax is not ...

Madras High Court held that transfer of case under section 127 of the Income Tax Act justified since the documents are seized from different premises of a group of companies/concerns and it is ...

NCLAT Chennai held that delayed filing of scheme of compromise u/s. 230 of the Companies Act cannot be condoned since there ...

2. Valid India-UAE TRQ holders as notified by IFSCA can import gold through IIBX against the TRQ and can obtain physical delivery of the same through IFSCA registered vaults located in SEZs as per the ...

ITAT Delhi held that denial of exemption u/s. 11 of the Income Tax Act by invoking provisions of section 13 (1) (c) without any material brought on record to substantiate that salary paid to members ...

The Tribunal held that the assessee had a legal right to request DVO valuation under the proviso, and the AO ought to have referred the matter accordingly. Non-referral was a breach of the statutory ...

Supreme Court has upheld a Gujarat High Court decision on the Goods and Services Tax (GST) classification of “fusible interlining fabric of cotton.” The apex court dismissed a Special Leave Petition ...

SC while dismissing the appeal has made following observations – 1. While civil proceedings are generally stayed as per ...

Calcutta HC Orders Re-Adjudication of GST Case; Calcutta High Court remands GST case due to unconsidered taxpayer r ...

Refund should not be credited to the Electronic Credit Ledger of a taxpayer whose business is no longer operational; Calcutta ...

It is certainly in the fitness of things that while displaying zero tolerance for corruption, the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled P Krishna ...