News

ITAT Lucknow directs re-assessment for Ashok Kumar's petrol pump business, citing denial of natural justice due to exclusive ...
ITAT Delhi held penalty u/s 271(1)(c) unsustainable as 54F exemption failed due to builder delay, not taxpayer’s fault. Full ...
ITAT Delhi grants Tata Teleservices significant tax relief, ruling pre-operative expenses for telecom expansion and customer acquisition costs as revenue ...
ITAT Mumbai rules on taxation of unsold real estate inventory for Sabarmati Capital One Ltd., clarifying Section 22 applicability and AO's jurisdiction under Section ...
Allahabad High Court grants interim relief to Markolines Pavement Technologies, staying coercive action in GST Section 62 proceedings after its appeal was rejected due to ...
Calcutta High Court sets aside an Income Tax Act Section 154 order for AY 2013-14, as it was issued against a deceased individual, allowing the daughter-in-law's ...
CESTAT Mumbai sets aside a ₹10 lakh penalty on S.A. Dalal & Co., a Customs House Agent, citing lack of investigation and statement ...
Income Tax Appellate Tribunal sets aside PCIT's revisionary order against Synwave Industries, ruling original assessment not ...
Madras High Court held that as per the provisions of Section 22 of Recovery of Debts Due to Banks and Financial Institutions Act, 1993, Debt Recovery Tribunal is not bound by the procedure laid down ...
SEBI's updated Master Circular for Portfolio Managers, effective July 16, 2025, consolidates regulations issued through March 31, 2025, superseding previous guidance for clearer ...
The Gauhati High Court has ruled that a retired High Court Judge and Upa-Lokayukta cannot be penalised by the Income Tax Department for TDS not reflecting in Form 26AS if employers confirm deposit.