Ittina Properties Pvt. Ltd. v. Vidya Raghupathi: Establishing Standard Compensation for Delayed Possession 1. Introduction Ittina Properties Pvt. Ltd. v. Vidya Raghupathi is a landmark judgment...
APAT Reinforces Arm's Length Principle: Denies Aggregated TNMM for Discrete International Transactions in Knorr Bremse India v. ACIT Introduction The case of Knorr Bremse India Pvt. Ltd., Faridabad...
Non-Retrospective Applicability of Section 234E: Insights from State Bank of India v. CIT A, Gwalior Introduction The case of State Bank of India, Gwalior v. Commissioner of Income Tax (Appeals),...
M/s. Dharampal Satyapal Ltd. v. DCIT: Necessity of Incriminating Material for Section 153A Assessments Introduction The case of M/s. Dharampal Satyapal Ltd., Delhi v. DCIT, New Delhi was adjudicated...
Strict Enforcement of Construction Completion Timelines in Real Estate Contracts: NCDRC's Landmark Decision in Rana vs. Granite Gate Properties Introduction The case of Jagdish Chand Rana & Anr. vs....
Redefining Insider: SEBI v. Chintalapati Srinivasa Raju Case and Its Impact on Insider Trading Regulations Introduction The landmark judgment in Chintalapati Srinivasa Raju v. SEBI and connected...
Extension of CIRP Period in Quinn Logistics India Pvt. Ltd. v. Mack Soft Tech Pvt. Ltd. Introduction The case of Quinn Logistics India Pvt. Ltd. v. Mack Soft Tech Pvt. Ltd. deals with the...
Limitation of Additions on Unexplained Jewelry under CBDT Instruction No. 1916: Insights from Vibhu Aggarwal v. Deputy Commissioner of Income-tax Introduction The case of Vibhu Aggarwal v. Deputy...
GST Applicability on Construction Services to Government Entities: Insights from Jaipur Development Authority Ruling Introduction The case of Tata Projects Limited, In Re, adjudicated by the...
Necessity of Specific Allegation in Penalty Notices under Section 271(1) – ACB India Ltd. v. ACIT Introduction The case of M/s. ACB India Ltd., New Delhi v. ACIT, New Delhi adjudicated by the Income...
Tribunal Affirms Section 80P(2)(d) Deduction for Co-operative Societies on Interest Income from Co-operative Banks Introduction The case of Kaliandas Udyog Bhavan Premises Co-operative Society...
Procedural Compliance under Section 147 of the Income Tax Act: Insights from Home Finders Housing Ltd. v. Income-tax Officer Introduction The case of Home Finders Housing Ltd. v. Income-tax Officer,...
Sundaram Finance Ltd. v. Assistant Commissioner of Income-Tax: Establishing Clarity on Penalties for Inaccurate Depreciation Claims Introduction The case of Sundaram Finance Ltd. v. Assistant...
Clarifying 'Undisclosed Income' Under Section 158-B of the Income Tax Act: Insights from Commissioner of Income Tax v. M.S. Aggarwal Introduction The case of Commissioner of Income Tax v. M.S....
Sh. Abhimanyu Soin v. ACIT: Establishing Strict Scrutiny on Long-Term Capital Gains Claims Under Section 10(38) 1. Introduction The case of Sh. Abhimanyu Soin, Ludhiana v. ACIT, Ludhiana adjudicated...
Re-Opening of Assessment under Section 147 of the Income Tax Act: Insights from Principal Commissioner of Income-tax-5 v. Shodiman Investments (P.) Ltd. Introduction The case of Principal...
Adani Power Ltd. v. Central Electricity Regulatory Commission: Tribunal Establishes SEZ Notifications as Change in Law Events Impacting Power Purchase Agreements Introduction The case of Adani Power...
ITAT Affirms Weighted Deductions under Section 35(1)(ii) Despite Subsequent Withdrawal of Donee Approval 1. Introduction The case of DCIT, Circle-12(1), Kolkata v. M/s Maco Corporation India (P) Ltd....
Strict Scrutiny on Evidentiary Standards in Tax Assessments: Analysis of Bharamgouda Patil v. Assistant Commissioner IT 1. Introduction The case of Abhay Kumar Bharamgouda Patil v. Assistant...
Establishing the Importance of Segmental Data and Functional Comparability in Transfer Pricing: Insights from CGI Information Systems & Management Consultants (P.) Ltd. vs Assistant Commissioner of...