The Uttarakhand High Court addressed a writ petition filed by Mangalam Associates challenging the cancellation of their GST ...
Modern trends in IIL seek to address these concerns by promoting investments that align with sustainable development and ...
Striking off a Company can occur for various reasons, including failure to commence business, prolonged non-filing of ...
Arjuna (Fictional Character): Krishna, a taxpayer, is paying ₹51,000 per month as rent for his residential flat and is not ...
ITAT Pune held that entire amount of R&D expense in India is eligible for weighted deduction u/s. 35(2AB) and R&D capital expense outside India is eligible for deduction u/s. 35(1)(iv) of the Income ...
The primary dispute revolved around the reopening of assessment proceedings under Section 147 and the addition of ₹8.01 crore under Section 68 of the Income Tax Act. The Assessing Officer (AO) alleged ...
Concluding that the expenses claimed appeared excessive, the AO made a 20% ad hoc disallowance of the indirect expenses amounting to Rs. 1.17 crore, resulting in a disallowance of Rs. 23.49 lakh. This ...
2. Mrs. Pattanayak, learned advocate, Additional Government Advocate appears on behalf of State and submits, petitioner was disqualified on finding that his registration with the tax authority stood ...
This appeal filed by the assessee pertaining to the Assessment Year 2010-11 is directed against the order dated 21.09.2024 passed by the National Faceless Appeal Centre, Delhi [in short ‘NFAC’) which ...
The Orissa High Court applied this principle, reaffirming that non-consideration of a taxpayer’s response under Section 61 renders subsequent action under Section 73 procedurally flawed. Accordingly, ...
Forging India Iron And Steel Limited Vs Union of India And Ors. (Calcutta High Court) The Calcutta High Court addressed two appeals arising from a writ petition filed by Forging I ...
The present appeals have been filed by the Revenue challenging the common impugned order dated 25.09.2024 passed under section 250 of the Income Tax Act, 1961 (“ the Act ”) by the learned Commissioner ...