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

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 ...

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 ...

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

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 ...

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 ...

Before ITAT assessee argued placed the same submissions. On the other hand, DR argued that except for the cash book prepared by the assessee, no documents substantiating the entries in the cash book ...

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

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 ...

जीएसटी परिषद की 55वीं बैठक 21 दिसंबर 2024 को जैसलमेर (राजस्थान) में हुई, जिसमें विभिन्न सिफारिशें की गईं, जिनमें अन्य बातों के साथ-साथ सीजीएसटी/आईजीएसटी कानून में प्रस्तावित बदलाव, नियम, स्पष्टीकरण और ...

ITAT Delhi held that benefit of section 115AAB of the Income Tax Act availed in the preceding year cannot be denied in subsequent year on the reason of non-filing of prescribed Form 10IC. Accordingly, ...