ITAT Bangalore held that land acquired below its evidenced value yielded a non-cash business benefit taxable under section 28(iv) for AY 2014-15.

Supreme Court examines whether IBC Part III moratorium applies to Section 138 NI Act proceedings, distinguishing criminal and ...

CAAR Delhi holds OPPO’s tablet back cover assembly with battery classifiable under CTH 8507 60 00, not CTH 8473 30 99.

ITAT Mumbai allowed the assessee’s appeal where a loan was received and fully repaid in the same year, following its decision in Bhavana Suresh Chauhan.

ITAT Mumbai quashes reassessment u/s 147 where AO relied on Investigation Wing information without independent verification or furnishing relied-upon material.

ITAT Mumbai expunges conditions making 12AB registration and 80G approval subject to a proposed Supreme Court challenge.

ITAT Mumbai sets aside 12AB renewal rejection for want of a trust deed and directs fresh examination of statutory conditions.

ITAT Mumbai upholds deletion of ₹3.94 crore and ₹90 lakh section 68 loan additions, finding investigation material lacked transaction-specific nexus.

ITAT Mumbai remands a ₹10 lakh Section 68 loan addition only to verify the source of ₹5.50 lakh cash deposits before the loan ...

Madras High Court sets aside GST penalty under Section 125 where late fee had already been imposed for delayed annual return filing.

ITAT Mumbai deleted 30% ad hoc commission disallowance where recipient details, PAN, TDS records and business nexus were ...

Gujarat HC dismisses Revenue appeals, holding Section 271(1)(c) penalty unsustainable after SPN interest disallowance was ...