ITAT Delhi held that addition under section 68 of the Income Tax Act by treating LTCG as bogus merely on the basis of assumption and conjecture is not sustainable in law since purchase and sale of ...

Patna High Court held that reassessment proceedings under section 148A (b) of the Income Tax Act is justifiable since proceedings initiated within a three year period as per section 149 (1) of the ...

Private Limited Vs Union of India Through The Secretary (Karnataka High Court) Karnataka High Court addressed a petition filed by Toshiba Software (India) ...

NCLAT Delhi held that appeal against an order of NCLT initiating insolvency resolution process of personal guarantor lays to NCLAT. Thus, personal guarantor eligible to file an appeal u/s. 61 of IBC ...

With introduction of GST, the ministry of commerce introduced budgetary support for remainder period by granting refund of ...

NCLT Mumbai held that application u/s. 9 of the Insolvency and Bankruptcy Code [IBC] after three years of MSME Council Awards ...

Conclusion: Interest received on delayed compensation for compulsory agricultural land acquisition would be treated as Capital Gain as it was an accrual to the principal compensation amount and ...

1. Whether on the facts and in the circumstances of the case and in law, the CIT (A) has erred in deleting the addition of Rs. 2,65, 0 0,000/- made u/s 69A of the Act in the order passed u/s 147 r.w.s ...

Briefly stated, the facts of the case are that the appellants are engaged, inter alia, in the manufacture of Tyres, Tubes, Valves etc., falling under Chapter 84 of the First Schedule to the Central ...

If any public shareholders wish to be reclassified as a promoters, they must make an open offer in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and the ...

Madras High Court dismissed the writ appeals and held that rejection of rebate claim by taking stand that cenvat credit has lapsed in view of rule 11 (3) (i) of the Cenvat Credit Rules, 2004 [CCR 2004 ...

Conclusion- Circular No. 19 of 2017 dated 12/06/2017 issued by the Central Board of Direct Taxes provides that the trade advances, which are in the nature of commercial transactions, would not fall ...