The ITAT Mumbai has ruled against an arbitrary 3% net profit addition for a liquor dealer. The court found the addition was ...

This analysis examines how Structured Supply Chain Finance (SSCF) fits into the Insolvency and Bankruptcy Code (IBC). It ...

Understand the different types of resolutions under the Companies Act, including Board, Ordinary, and Special resolutions.

Telangana High Court directs authorities to decide within 8 weeks on gazetted status for Deputy State Tax Officers, citing ...

ITAT Nagpur remands Kiran Anil Gothi Vs ITO cash credit case back to CIT(A) for fresh adjudication after assessee failed to ...

ITAT Nagpur condones a 607-day delay in Astavinayak Gramin Bigar Sheti's appeal, ruling that an assessment order on a ...

The ITAT Delhi has set aside the CIT(A)'s deletion of a ₹2.32 crore addition made under Section 68, citing a violation of Rule 46A as new evidence was admitted without giving the Assessing Officer a ...

ITAT Raipur restores appeal dismissed ex-parte by CIT(A), finding no proof of notice served via physical mode as opted by assessee in Form ...

Addition made by AO in the hands of the trust was not justified as income from investments was taxable in the settlor’s hands and exempt under the India-UAE Double Taxation Avoidance Agreement ...

Calcutta High Court held that addition towards share capital/ premium as unexplained cash credit u/s. 68 of the Act justified since the assessee did not discharge the creditworthiness and the ...

ITAT Ahmedabad has restored a case involving unexplained cash deposits of Rs. 18.32 lakh to the Assessing Officer, citing a failure to examine debit entries and additional evidence, and condoning a ...

The Calcutta High Court has restricted Central GST authorities from re-auditing periods already covered by a prior audit, citing Section 65(7) of the GST ...