Judgments

  • Income Tax

Relief granted based on remand report of AO, can’t be challenged in further appeal – ITAT

Once, relief is granted based on the remand report of the AO, revenue would be precluded from filing any further…

6 months ago
  • Income Tax

Absence of DIN in granting statutory approval u/s 153D amounts to no approval – ITAT

In a recent judgment, ITAT has held that in the absence of Document Identification Number (DIN) mentioned in the approval…

6 months ago
  • Income Tax

Non condoning delay for filling Form No. 10B cannot be challenged before ITAT

Grievance for not condoning delay for filling Form No. 10B cannot be addressed by way of appeal before ITAT In…

6 months ago
  • Income Tax

Interest received u/s 28 of Land Acquisition Act on enhanced compensation is exempt – ITAT

Interest received u/s 28 of Land Acquisition Act on enhanced compensation exempt from tax - ITAT In a recent judgment,…

6 months ago
  • GST

Seizure of goods for want of e-way bill when due to break down, goods loaded on another vehicle.

Seizure of goods for want of e-way bill when due to break down, goods loaded on another vehicle. Burden of…

6 months ago
  • Income Tax

Turnover u/s 44AB for speculation business is only net difference of independent transactions

Turnover in respect of speculation business is only net difference of independent transactions In a recent judgment, ITAT has held…

6 months ago
  • Income Tax

Return filed without Balance sheet and PL account may be defective, not invalid – Supreme Court

Return filed without balance sheet & profit and loss account may be defective but not invalid – Supreme Court quashes…

6 months ago
  • Income Tax

No penalty u/s 271G can be levied if no adjustment is made in Arm’s Length Price – ITAT

No penalty u/s 271G if no adjustment made in Arm’s Length Price - ITAT In a recent judgment, the ITAT…

6 months ago
  • Income Tax

CIC has no power to direct disclosure of PM CARES Fund information under Income Tax Act

CIC has no power to direct disclosure of PM CARES Fund information covered under Income Tax Act as ITD treats…

6 months ago
  • Income Tax

Method of recognizing revenue accepted in earlier & later years cannot be disturbed

Once a method of recognizing revenue accepted by revenue in earlier and later years, same cannot be disturbed for the…

6 months ago