This clear pronouncement from the Delhi High Court, classifying donations received towards the corpus of the trust as ...

Visakhapatnam bench, has dismissed an appeal by the Revenue against an order that deleted an addition of ₹2.85 crores to the ...

In a significant ruling, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad, has held that service ...

The case involved Tapas Kumar Das, the assessee, whose income tax return for AY 2017-18 was selected for scrutiny under the ...

Periodically review your portfolio and rebalance as required.

Given these findings, CESTAT held that the revocation of the customs broker’s license, the forfeiture of the security deposit, and the imposition of the penalty could not be sustained. The tribunal ...

Jharkhand High Court, in the case of Jayanti Devi Urmaliya Vs Union of India, has modified the dismissal order of a late Central Industrial Security Force (CISF) personnel, converting it to compulsory ...

The case centered on SAD paid on goods imported through three Bills of Entry in April, May, and June 2017. Varian Medical Systems subsequently applied for a refund of the SAD paid, a common provision ...

Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, has sent a tax appeal back to the Assessing Officer for a fresh assessment, despite the taxpayer’s failure to respond to multiple notices during ...

Reiterating its own stance in M/s Vacmet India Ltd., where it was held that stock transfer between units within the state, in the absence of a provision making such transfers taxable, does not attract ...

Delhi ITAT dismisses Revenue’s appeal as tax effect is below Rs 60 lakh monetary limit per CBDT circulars. Assessee’s cross objections withdrawn; ITAT Dismisses Revenue Tax Appeal Over Low Tax Effect; ...

The Income Tax Appellate Tribunal (ITAT), Kolkata bench, has allowed appeals filed by Bagla Agro Limited for the assessment years (AY) 2019-20 and 2021-22, deleting an addition made by the Assessing ...