Bombay High Court held that modus operandi of wrong availment of cenvat credit and passing on the same to consumer are ...

ITAT Mumbai held that disallowance of entire expenses alleging that assessee has not started its business activity till date ...

Allahabad High Court held that the resolution applicant cannot be saddled with new claims once a resolution plan has been ...

Chhattisgarh High Court granted bail as no incriminating has been recovered at the instance of the present applicant in the ...

ITAT Mumbai held that once the source of cash is taxed, it cannot be further taxed as unexplained cash expenditure. Hence, ...

ITAT Ahmedabad held that disallowance under section 56 (2) (viib) of the Income Tax Act sustained due to wide fluctuation in value of share within a period of less than 5 months and that too within ...

Food safety is a pinnacle subject for consumers these days. A valid FSSAI certificate assures customers that your food ...

ITAT Kolkata held that denial of concessional tax rate benefit under section 115BAC of the Income Tax Act merely for delayed filing of form no. 10IE not justifiable since the substantial justice ...

In a recent ruling Delhi HC remanded the proceedings to the AO to consider the Assessee’s alternate claim for loss arising out of the HTM securities, as loss under the head ‘income from business and ...

In the case abovementioed ITAT Ahmedabad bench held that assessee must be granted a fair opportunity to represent its case especially in faceless proceedings where interaction is limited. It further ...

2. That, the notice under Section 263 and impugned order under Section 263 of the Act are issued/passed in the name of dead person and as such the notice issued and order passed under Section 263 of ...

The Supreme Court held that Section 17 (5) (d) should be interpreted in alignment with the GST law’s purpose of avoiding the cascading effect of taxes. It was held that the section was intended to ...