The Income Tax Appellate Tribunal ITAT has ruled that the delay of 1350 days in filing an appeal could not be condoned due to a lack of reasonable cause. The case involved a…
25/12/20241 min read
Read Sorted by Latest
The Income Tax Appellate Tribunal ITAT has ruled that the delay of 1350 days in filing an appeal could not be condoned due to a lack of reasonable cause. The case involved a…
The ITAT has remitted a case involving the denial of trust registration under section 12AB for reassessment and recalculation of income as an Association of Persons AOP . The case…
The Delhi Court criticized the Department for a 17-year delay in prosecuting a case related to the Directorate of Revenue Intelligence DRI , imposing a ₹50,000 cost to be borne by…
The Calcutta High Court ruled that a quarrel between both parties cannot serve as a valid ground for granting a divorce on the grounds of cruelty. In this case, a husband sought…
The Telangana High Court granted bail to farmers accused of attacking the District Collector during a protest in the Lagacharla case. The petitioners, facing charges of assault…
The Gauhati High Court heard a PIL regarding the Assam government's child protection policy and issued a directive for the implementation of better child protection laws. The…
The Allahabad High Court directed the District Inspector of Schools to process applications for compassionate appointments. The case involved the family of a deceased teacher…
The Jharkhand High Court ruled that trial courts must conduct a summary inquiry to ascertain the legal heirs in a dispute under Order 22 Rule 5 of the CPC. The case involved an…
The Allahabad High Court quashed Enforcement Directorate ED proceedings against Indiabulls, ruling that the ED had acted improperly in its investigation. The proceedings were…
The Supreme Court ruled that it is not necessary to file a separate application for condoning a delay along with the application to set aside an ex-parte decree. The case involved…
The Calcutta High Court ruled that a wife imposing her friend and family members at her husband's residence against his will amounts to cruelty. The case was brought under the…
The Patna High Court ruled that Section 125 of the Arbitration Act requires an express agreement in writing for novation of an agreement. In the present case, the appointment of…
The Calcutta High Court ruled that remedies under the Arbitration and Conciliation Act are in addition to those provided under other special statutes. The case involved the…
The Jammu and Kashmir High Court ruled that an award passed by an ineligible arbitrator can be set aside under Section 34 of the Arbitration Act. In this case, the arbitrator had…
The Delhi High Court allowed a petition under Sections 29A 4 and 5 of the Arbitration Act, ruling that the termination of an arbitral tribunal’s mandate results in waste of time,…
The Madras High Court directed the government to formulate protocols for gender-affirmative care procedures. The ruling followed a petition seeking better healthcare facilities…
The Delhi High Court ruled that restraining a party from participating in any tender process under Section 9 of the Arbitration Act could impede competition. The ruling came in…
The NCLAT found that the Ghaziabad Development Authority GDA had abused its dominant market position by imposing unfair terms on allottees of its Economically Weaker Section EWS…
The NCLT New Delhi ruled that there is no provision under the IBC for issuing multiple demand notices before filing a petition under Section 9. In this case, the operational…
The NCLAT held that a transaction that is of an operational nature cannot be classified under financial debt. This ruling came in response to a case where financial creditors…
The NCLAT ruled that once a Committee of Creditors CoC approves a resolution plan, no further claims should be entertained. This ruling clarified that once the CoC has voted in…
The NCLAT ruled that a CIRP Corporate Insolvency Resolution Process withdrawal cannot be permitted unless an application is filed by the applicant who initiated the Section 7…
The ITAT ruled that contributions to an approved superannuation fund are deductible under Section 361IV of the Income Tax Act, subject to prescribed limits. The taxpayer had…
Haryana RERA ordered Vatika Builders to refund ₹8.43 crore to a homebuyer for delayed possession of a property. The complainant had booked a flat with Vatika Builders, but the…
The Karnataka RERA dismissed a complaint filed by a real estate agent against Godrej Properties, claiming unfair treatment in a business transaction. The complaint alleged that…
The Delhi District Consumer Commission found Siyaram Silk Mills liable for charging a price higher than the displayed tag price on their products. A consumer had filed a complaint…
The ITAT ruled that transactions involving agricultural lands should not be classified as business income, dismissing an addition made by the tax authorities. The taxpayer had…
The Madras High Court granted a final chance to a taxpayer to explain a discrepancy of ₹10.2 lakh in IGST ITC claims between GSTR-3B and GSTR-2A. The taxpayer had failed to…
The ITAT quashed the disallowance of ₹3.07 crore for contingent liabilities, noting that these expenses were not claimed in the profit and loss P&L account. The tax authorities…
The ITAT reinstated a taxpayer's appeal, citing that the assessing officer did not provide proper notice or hearing. The taxpayer had contested the addition made by the tax…
The ITAT ruled that only exempt income-generating investments should be considered for disallowance under Section 14A. The case involved a taxpayer who had incurred expenses…
Income tax authorities have intensified their crackdown on tax evasion linked to luxury weddings in Jaipur, particularly targeting lavish expenditures and unaccounted…
The RBI has ordered banks to publicize their collateral-free agricultural loan offerings. This move is part of a broader initiative to enhance accessibility to credit for farmers,…
The Madras High Court ruled in favor of a taxpayer who was penalized for unloading goods at a location other than the one mentioned in the e-way bill. The court allowed a hearing…
The ITAT has directed a re-examination of ₹27.04 crore share application money added under Section 68 due to unexplained investor contributions. The assessing officer had…
The ITAT ruled on a case involving the disallowance of TDS credit due to incorrect assessment in the wrong assessment year AY . The taxpayer had claimed TDS credit, but it was…
The GST Act’s legislative drafting error has caused confusion in interpreting certain provisions, particularly in Safari Retreats’ case. The mistake in the language of the law has…
The Calcutta High Court quashed the rejection of a candidate’s application for a position at IOC due to alleged tax dues. The candidate had been disqualified during the selection…
The Delhi High Court ruled that refund adjustment against stayed tax demands is unlawful, favoring Nokia Solutions India. The court found that the company’s refund, which was…
A cricketer, Robin Uthappa, faces an arrest warrant due to alleged mismanagement of provident fund PF contributions. The issue revolves around accusations that Uthappa did not…
The ICAI Institute of Chartered Accountants of India stated that the probe into alleged audit lapses at Byju’s is still ongoing. This investigation concerns potential…
The Reserve Bank of India RBI has imposed fines on IndusInd Bank and Manappuram Finance for non-compliance with regulations concerning interest rates and Know Your Customer KYC…
The Bombay High Court issued a notice to two tax officials for the illegal arrest of a businessman suspected of being involved in a ₹9.5 crore GST fraud. The arrest occurred…
The ITAT remanded a matter involving NRIs and their 50% property ownership claim, which was not properly considered by the assessing officer. The taxpayer had contested an…
The article warns against fraudulent emails asking recipients to download e-pan cards, advising readers on how to identify and report such scams. Scammers often pose as tax…
Punjab National Bank's claim of business loss on held-to-maturity securities under Section 452 of the Income Tax Act was remanded back to the AO for reassessment. The bank had…
The ITAT quashed a revision order issued by the CIT for unexplained cash deposits, ruling that there was insufficient evidence to justify the penalty. The tax officer had sought…
In a case involving under-declaration of ineligible GST Input Tax Credit ITC , the Madras High Court ordered a hearing after a 10% deposit was made. The court ruled that the…
The Madras High Court has exempted GST on invoices under Rs. 1 lakh for the generation of e-way bills. The ruling comes after the court was approached by businesses seeking…
The ITAT remanded a case back to the assessing officer regarding the calculation of profit margins on Aircel recharge coupons. The dispute arose over the estimation of profit…
The Income Tax Appellate Tribunal ITAT has ruled that the delay of 1350 days in filing an appeal could not be condoned due to a lack of reasonable cause. The case involved a…
Showing 50 of 42930 updates