• Income Tax

Limitation for filing Rectification Application u/s 254(2)starts from the date order is served

10 months ago

Limitation for filing Rectification Application to ITAT u/s 245(2) starts from the date when the order of which rectification is…

  • Income Tax

Only actual days of services to be considered in computing threshold for constitution of PE

10 months ago

Only days on which actual services rendered by company to be considered in computing threshold for constitution of permanent establishment…

  • Income Tax

Depreciation on goodwill to amalgamated company upheld as AO took a plausible view

10 months ago

Depreciation on goodwill in the hands of amalgamated company upheld as Assessing Officer had taken a plausible view in line…

  • ICAI

Applicability of the Income-tax Act, 2025 from May 2027 CA Exams Onwards 

10 months ago

The ICAI has announced that provisions of the Income-tax Act, 2025 shall be applicable to CA exams conducted from 1st…

  • Income Tax

Addition u/s 68 deleted for want of cash trail, fund rotation or incriminating evidences

10 months ago

Addition u/s 68 deleted as there was no cash trail, rotation of funds, or incriminating evidences, no enquiry conducted into…

  • Income Tax

In re-allotment of flat by builder, stamp duty valuation is of the date of booking original flat

10 months ago

In case of re-allotment of flat by builder, stamp duty valuation would be with reference to date of booking of…

  • Income Tax

Information in loose papers not corroborated with assessee, can’t be said to belong to assessee

10 months ago

When information contained in loose papers not corroborated with assessee, there is absolutely no room for presumption that it belongs…

  • Income Tax

Setting aside remand order of CIT(A) without interfering with direction to delete addition, did not revive AO’s order

10 months ago

When CIT(A) order to remand case to AO was set aside without interfering with direction to delete addition, order of…

  • arbitration

Whether Arbitral Tribunal can grant a prohibited claim in a contract – Larger Bench to decide

11 months ago

Whether a prohibited claim in a contract applies only to the employer and not to the Arbitral Tribunal – Matter…

  • contract-law

Court can examine contractual employee termination on sole ground of ineligibility

11 months ago

Where a contractual employee is terminated on the sole ground of ineligibility, the Court is entitled to examine its correctness…