• Income Tax

Object of a procedure is to advance cause of justice not to obstruct justice – ITAT

3 months ago

The object of a procedure is to advance the cause of justice. Procedural law is not to be tyrant but…

  • Income Tax

Arm’s Length Price allowable variation limits u/s 92C notified for AY 2025-26

3 months ago

Arm’s Length Price allowable variation limits u/s 92C notified for AY 2025-26 MINISTRY OF FINANCE(Department of Revenue) Notification No.157/2025 New…

  • Empanelment

NHAI empaneling Law Firms/Advocates for Land Acquisition cases

3 months ago

NHAI invites EOI for empanelment of Law Firms/Advocates for Land Acquisition cases on Arbitration & District Courts. NHAI invites applications…

  • GST

If tax paid in GSTR-3B by supplier, no adverse inference to be drawn against purchaser

3 months ago

When tax was paid by supplier in the form GSTR-01 & GSTR-3B, no adverse inference can be drawn against the…

  • arbitration

Mere using word “Arbitration” in agreement does not make it a valid arbitration agreement

3 months ago

Mere repetitive use of the word “Arbitration” in agreement without any substantive part relating to arbitration is not a valid…

  • election-petition

Failure to disclose conviction u/s 138 of NI Act made election void despite acquittal later

3 months ago

Failure to disclose conviction u/s 138 of NI Act, 1881 in election nomination form and affidavit, election was rendered void…

  • Income Tax

Application of income u/s 11(1)(a) allowable on 15% of gross receipts not surplus remaining

3 months ago

Charitable Institution is entitled to application of 15 per cent of gross receipts u/s 11(1)(a) without considering expenditure incurred or…

  • Income Tax

Payer claiming 100% expenses & payee declaring profit 44AE held legal tax planning

3 months ago

Declaring deemed profit u/s 44AE against business payments claimed as expenditure by related party was legal tax-planning - ITAT In…

  • Income Tax

Audit Objections can be basis for reopening but ignoring reply is non application of mind

3 months ago

Audit Objections can be basis for reopening but mere quoting audit objection ignoring reply of assessee is non application of…

  • Income Tax

Look Out Notice/Circular by Income Tax Office against travelling abroad quashed

3 months ago

Look Out Notice/Circular against assessee from travelling abroad quashed as no prosecution had been launched. In a recent case, the…