Assessing Officer's Jurisdiction in Limited Scrutiny Cases: Insights from Shri Sita Ram Swami v. ITO, Jaipur Introduction The case of Shri Sita Ram Swami v. ITO, Ward-4(5), Jaipur adjudicated by the...
Clarifying the Mandate of Section 171 on Passing Input Tax Credit Benefits: Insights from Deepak Kumar Barnwal v. Manas Vihar Sahakari Awas Samiti Ltd. Introduction The case of Deepak Kumar Barnwal...
National Crime Investigation Bureau v. Commissioner Of Income Tax: Stringent Criteria for 12AA and 80G Registration Introduction The case of National Crime Investigation Bureau (NCIB) v. Commissioner...
Mandatory Application of Mind in Reassessment Proceedings: A Landmark Decision in Akg Securities & Consulting Ltd. v. CIT Introduction The case of Akg Securities & Consulting Ltd. v. Commissioner of...
Restricting Profit Element on Bogus Purchases: Insights from Kamlesh Manohar Kanungo v. DCIT Introduction The case of Kamlesh Manohar Kanungo v. Dy. CIT, CC-1(4), Mumbai (ITA Nos. 2060 &...
Interpretation of Limitation in Insolvency Proceedings: NCLT's Decision in JM Financial Asset Reconstruction Co. Ltd. v. Samay Electronics Pvt. Ltd. Introduction The case of JM Financial Asset...
Sanctity of Public Auction in Insolvency: NCLAT Upholds Liquidator’s Authority in SBI v. Maithan Alloys Limited Introduction The case of State Bank of India (SBI) v. Maithan Alloys Limited and Others...
ITAT Visakhapatnam Upholds Non-Taxability of FTS Income under DTAA Absent a PE: Paramina Earth Technologies Inc. v. DCIT Introduction The case of Paramina Earth Technologies Inc. (PET) versus the...
Admissibility of Section 7 IBC Petitions: Insights from Vishal Doshi v. Bank Of India And Another Introduction The case of Vishal Doshi v. Bank Of India And Another adjudicated by the National...
Permanently Restraining Solid Waste Disposal Without Environmental Clearance: Insights from P.S. Mani v. TNPCB Introduction The case of P.S. Mani v. Member Secretary, Tamil Nadu Pollution Control...
Mandate for Comprehensive Restoration and Protection of Water Bodies across India: Analysis of Lt. Col. Sarvadaman Singh Oberoi v. Union Of India Introduction The case of Lt. Col. Sarvadaman Singh...
Enhanced Scrutiny of Section 9 Applications: NCLAT Establishes Strict Requirements for Operational Creditor Claims Introduction In the landmark case of Neeraj Jain, Director Of M/S. Flipkart India...
Strengthening Consumer Protection in Real Estate Transactions: Insights from Daljit Singh v. Preet Land Promoters & Developers Pvt. Ltd. Introduction Case Title: Daljit Singh v. Preet Land Promoters...
Tribunal Upholds Capital Nature of Share Premium, Not Taxable Under Section 68 Introduction The case of Income Tax Officer-1(3)(2), Mumbai v. Singhal General Traders Private Limited, Mumbai...
Reclassification of Advance Payments in Property Development Agreements: Insights from Sh. Jeet Ram v. ITO, Gurgaon Introduction The case of Sh. Jeet Ram, New Delhi v. ITO, Gurgaon deliberated on the...
Reaffirming the Importance of Proper Invocation of Section 145(3) in Income Tax Assessments: A Commentary on ITO, New Delhi v. Sh. Sunil Nayyar, Delhi Introduction The case of ITO, New Delhi v. Sh....
Clarifying the Scope of Undisclosed Income under Section 271AAB: Insights from Shri Prakash Chand Surana v. DCIT Introduction The case of Shri Prakash Chand Surana, Jaipur v. Deputy Commissioner of...
Assessment of Trading Additions and Expense Disallowances in Shri Prakash Chand Ostwal v. Income Tax Officer, Jaipur Introduction The case of Shri Prakash Chand Ostwal, Jaipur v. Income Tax Officer,...
Affirmation of Procedural Compliance under the SARFAESI Act: Prabhati Lal Sharma v. Mentor Home Loans India Ltd. Introduction The case of Prabhati Lal Sharma v. Mentor Home Loans India Ltd. was...
Exclusion of Income from Sale of Scrap in Total Turnover for Section 80HHC Deduction: ITAT Mumbai Aligns with Supreme Court Rulings 1. Introduction The case of Mumbai v. Glaxo SmithKline...