The Tribunal ruled that partial disallowance of section 54F deduction, without concealment or inaccurate particulars, does not warrant penalty under section ...

The Tribunal remanded the case after finding that reassessment and appellate orders were passed ex parte without examining key issues on transfer, valuation, and cost, directing a fresh assessment ...

The High Court set aside reassessment proceedings after holding that notices issued by a Jurisdictional Assessing Officer violate the faceless assessment mandate under Section ...

The High Court dismissed the revenue’s appeal as the tax effect was below ₹2 crore, applying the CBDT monetary limit circular and leaving the Tribunal’s deletion of the Section 68 addition ...

The High Court held that once the Revenue accepted partial relief on bogus purchases, further reduction by the ITAT involved only estimation and raised no substantial question of ...

ITAT held that reassessment proceedings are invalid where the Assessing Officer failed to grant the minimum seven days’ time ...

The High Court allowed a religious society to submit delayed audit documents, citing the treasurer’s age and Covid-19 as ...

The High Court held that service of income tax notices on an email ID from a previous return was valid, dismissing the writ ...

The Tribunal admitted the insolvency petition after finding that the loan amount and default were undisputed. The ruling ...

Falcon Marine Exports Limited and officers were penalized for failing to disclose CSR policy, committee composition, and ...

ROC Delhi imposes penalties on a company and its directors for starting business before filing statutory declaration in ...

The Tribunal found that once additional evidence is admitted and remand is called for, the Assessing Officer must be given an ...