ITAT Ahmedabad held that addition of short term capital gain on account of transfer of shares on presumption basis without bringing on record evidencing actual receipt of consideration cannot be ...

This appeal is preferred by the Assessee against the final assessment order dated 11.05.2023 passed u/s 92CA of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) by the Dy. Commissioner ...

In the case of Aastha Educational Society Vs CIT (ITAT Delhi), the Income Tax Appellate Tribunal (ITAT) addressed an appeal for the assessment year 2015-16, stemming from a National Faceless Appeal ...

Allahabad High Court recently addressed the case of Sky Associates vs. State of Uttar Pradesh regarding the cancellation of ...

Delhi High Court ruled in favor of IBIBO Group Private Limited by quashing the income tax reassessment proceedings for the (AY) 2015-16. The proceedings in question had been initiated under Section ...

Therefore, the subject goods, being NTC thermistors used for temperature sensing. are correctly classifiable under CTI ...

Kodarma Chemical Private Limited, a company specializing in the extraction of aromatic hydrocarbons like benzene, toluene, ...

The Court observed that while the GST portal provides various modes for issuing notices, reliance solely on the “Additional Notices and Orders” tab without proper communication violated procedural ...

The paper analyzes the impact of the newly introduced indexation rate in the newly introduced Finance Act of India on long-term and short-term capital gains tax computations. Indexation, a critical ...

As it turned out, the Bench then further enunciates in para 7 stating that, “With the above, the counsel argues that the High Court while considering bail, should not have imposed a precondition on ...

In the case of Gujarat Chamber of Commerce and Industry & Ors. v. Union of India (decided on January 3, 2025), the Gujarat High Court dealt with the issue of whether the assignment of leasehold rights ...

Summary: The Securities and Exchange Board of India (SEBI) has specified disqualifications and prohibited services for Practicing Company Secretaries (PCS) serving as Secretarial Auditors under ...