v. Imported Cocoa Beans can be confiscated under the Customs Act and it would not amount to contravention of the provisions ...

Conclusion: The matter was remanded back to AO to review the non-taxability of interest from Fixed Deposit Receipts (FDRs) as ...

In a recent ruling Hon’ble Delhi HC set-aside the assessment order which was passed when objection before DRP were pending.

18. The real-estate allottees are Financial Creditors as per provisions of the IBC and in event any real-estate allottee has a claim against the CD, he is fully entitled to file a claim on ...

ITAT Surat held that as per section 150 (2), re-assessment permission u/s 150 (1) of the Act would not be available to the Department, since time limit for re-assessment as stated under section 149 ...

Solitary Instance of Following Girl Would Not Be Sufficient To Make Out The Offence of Stalking: Nagpur Bench of Bombay HC ...

ITAT Ahmedabad held that interest received by co-operative society from SBI, which is a Nationalized Bank, is not allowable as per the section 80 (P) of the Income Tax Act. Accordingly, AO directed to ...

Section 66E of the Finance Act, 1994 (“the Finance Act”) lays emphasis on declared service as service portion in an activity ...

Allahabad High Court granted bail to accused involved in evading Input Tax Credit by creating fake firms since the main accused has been released on bail and the applicant has no criminal history.

ITAT Mumbai held that additional claim of deduction of bad debts under section 36 (1) (vii) of the Income Tax Act filed during the course of assessment other than filing a revised return is allowable.

ITAT Surat held that in absence of any corroborative evidence with regard to payment of amount mentioned in sauda chitti, assessee is not entitled to claim enhanced cost of acquisition and hence ...

Exported products must be accompanied by a Transaction Certificate (TC) issued by a certification body accredited by the ...