The Calcutta High Court set aside orders against Kamdhenu Udyog P Ltd., ruling that a technical error in ITC reversal forms ...

Delhi High Court held that penalty imposed under section 276B of the Income Tax Act is liable to be set aside on account of section 278AA of the Income Tax Act as reasonable cause shown. Accordingly, ...

The language of the Circular does not expand or alter the scope of the previous Notifications, but cements the claim of the merchant exporters, who were entitled to receive the benefit of AIR customs ...

Understand tax deductions for paying family's home or education loans. Learn conditions for claiming benefits, including ...

ITAT Nagpur rules against arbitrary 10% cash deposit addition under Section 69A, stating no income can be deemed if ...

Calcutta High Court dismisses Income Tax Department's appeal regarding unexplained cash credit from share capital, citing a previous binding ...

Ahmedabad ITAT directs tax authorities to re-verify V N Exports' books for demonetization cash deposits, citing prior rulings on cash sales by jewelers. A key verdict on unaccounted ...

Calcutta HC rules in PCIT vs Abhijeet Enterprise that Section 68 doesn't apply to shares allotted for a liability if no actual cash is exchanged, citing key ...

A BPCL vendor successfully challenges GST detention for MPD machines in transit. The court found no tax evasion as e-way bill ...

Allahabad High Court sets aside GST order due to lack of personal hearing, emphasizing mandatory compliance with natural justice under Section 75(4) of UP GST ...

Bombay High Court quashes tax re-assessment notice and order against a dissolved company, citing a non-existent entity cannot be assessed. Cites Supreme Court ...

Orissa High Court sets aside rejection of Harsheel Auto Planet's GST appeal over pre-deposit, directs re-hearing on merits after allowing ...