It was submitted that the reasons recorded for reopening were mechanical and identical across years, sometimes even referring to incorrect assessment years. On appeal. It was held that CIT (A) passed ...

ITAT Ahmedabad held that addition u/s. 68 of the Income Tax Act towards capital contribution deleted since assessee furnished adequate evidence to prove the identity, genuineness and creditworthiness ...

CESTAT Delhi held that a Certificate issued by a Chartered Accountant, therefore, cannot be lightly brushed aside without there being any cogent evidence to the contrary. Thus, order directing refund ...

NCLAT Delhi held that granting waiver u/s. 244 (1) (b) of the Companies Act, 2013 justified in a petition alleging oppression and mismanagement in the Calcutta Cricket & Football Club. Accordingly, ...

ITAT Delhi held that approval memo u/s. 153D of the Income Tax Act is totally silent on the issues involved and has been ...

Telangana High Court directed petitioner to file an appeal before appellate authority due to availability of alternative ...

Thus, the time-limit for issuance of SCN in non-fraud or non – suppression cases is 2 years and 9 months from the due date of ...

AD Equity-Linked Savings Schemes (ELSS) are among the best tax-saving investment options available in India. These funds ...

There’s a common misconception that only transactions covered under Section 188 of the Companies Act, 2013 (the “Act”) are ...

Patna High Court granted bail to petitioner accused in GST evasion case since arrest was made on the basis of suspicion and ...

As the tax filing season for ITR’s for the financial year 2024-25 is about to start, most probably after mid of June, many ...

Step 1: To access the GST Portal go to www.gst.gov.in. Choose “Services” > “Registration” > “New Registration”. Step 2: Part A of GST REG-01 should be filled out. Select “New Registration”. Enter the ...