In a notable ruling, the ITAT Kolkata allowed assesse’s appeal holding that the assessment order passed u/s 144C (13) r.w.s.

It’s not easy, though. Rich countries like the U.S. want flexibility; poorer ones want protection. Companies fight ...

An arrangement was allegedly made where the OC would supply the fibre, and the CD would convert it into yarn through Shree ...

Both the appeals pertain to different assessees and arise against different orders of the Commissioner of Income Tax (Appeals ...

During the ITAT hearing, the trust’s counsel acknowledged the lack of comprehensive documentation and expressed a willingness ...

The assessee argued that this lack of clarity in the penalty initiation stage rendered the entire proceedings invalid.

Karnataka High Court held that total consideration under composition scheme doesn’t include amount received from customer towards land. Thus, consideration for works contract under composition Scheme ...

The ITAT Pune allowed the appeal of Balasaheb Popatrao Phadol, holding that no capital gains tax is applicable in the assessment year 2012-13 solely based on the execution of a development agreement ...

Provision related to levy of GST on service provided by club/ association to its member is Unconstitutional-Kerala High Court. In recent case of Indian Medical Association, Kerala ...

Ultra Vires, and Void under Articles 246A, 366(12A), and 265 : The Kerala High Court, 11th Day of April 2025. The Kerala Hi ...

A central issue raised was the failure of the Assessing Officer to clearly identify the specific clause under Section 270A (9) that justified the classification of the under-reported income as ...

Dr. B. R. Ambedkar is rightly called the “Architect of Modern India” for his unmatched contributions: He didn’t just fight for rights—he built systems to sustain them. 1. Never let your background ...