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ITAT Chennai Establishes Strict Criteria for Deductions under Section 36(1)(viii) and Disallowances under Section 14A in Sundaram BNP Paribas Home Finance Ltd. Vs. DCIT Introduction The case of...
ITA Ahmedabad Upholds Legitimacy of LTCG Claims in Penny Stock Transactions - A Landmark Judgment Introduction In the landmark case of The Income Tax Appellate Tribunal (ITA) Ahmedabad Bench, the...
Income Tax Appellate Tribunal's Landmark Ruling on Section 80-IC Deductions: Classic Binding Industries v. DCIT, Circle, Parwanoo Introduction The appellate case of M/s Classic Binding Industries,...
ITA Chandigarh Upholds Assessee's Rights: Deletion of Bogus Long Term Capital Gains under Section 68 Introduction The case of Sh. Jatinder Kumar Jain v. Income Tax Officer, Ward 2(4), Ludhiana,...
ITAT Mumbai Rules Brokers Not Liable for TDS under Section 195 in Reinsurance Transactions Introduction The case of M/s International Reinsurance and Insurance Consultancy & Broking Services Pvt....
CESTAT Delhi's Landmark Judgment in SEHER vs. Commissioner of Service Tax: Reimbursement Exclusions Invalidated Introduction The case of SEHER vs. Commissioner of Service Tax, Delhi-II adjudicated by...
NCLAT Strengthens Enforcement of Competition Law: Severe Penalties for Misrepresentation by Amazon in MBRT Sector Introduction The case of Amazon.com NV Investment Holdings LLC v. Competition...
Redefining Consumer Rights in Real Estate: The RUPIKA ARORA & ANR. v. EMAAR MGF LAND LIMITED Judgment Introduction The case of Rupika Arora & Anr. v. Emaar MGF Land Limited was adjudicated by the...
Tribunal Sets Precedent on Cash Deposits During Demonetization: Reversal of Section 69A Additions Introduction The case of Lateef Abdul Mohammed v. Income Tax Officers, Ward 7(1), Hyderabad...
Screening Committee's Discretion in Police Recruitment: Manish Saini v. Commissioner of Police Introduction The case of Manish Saini v. Commissioner of Police adjudicated by the Central...
Establishing the Reverse Corporate Insolvency Resolution Process in Real Estate: NCLAT's Decision in Ram Kishor Arora v. Union Bank of India Introduction The case of Ram Kishor Arora Suspended...
Tribunal Deletes Protective and Substantive Additions in Sonam Gems Pvt. Ltd. vs. Assistant Commissioner of Income Tax: Implications for Double Taxation and Consistency in Commission Income...
Zeta Interactive Systems v. Income Tax Officer: Insights into Transfer Pricing and Comparable Selection Introduction The case of Zeta Interactive Systems (India) Private Limited, Hyderabad v. Income...
RERA Judgment: Enforcing Refunds and Mandating Project Registration under RERA Act Introduction In the case of Zaheeruddin Fazal Mohammed and Salahuddin Afsar Mohammed Azimuddin & Hajira v. Metroline...
Default on Settlement Agreements Does Not Constitute Operational Debt: NCLT Establishes Key Precedent Introduction The case of M/s Ahluwalia Contracts India Limited v. Logix Infratech Private Limited...
Substantial Justice Over Technicalities: Condonation of Delay in Income Tax Appeals – IMAM SYED ABDUL KAMAL NAZAR vs ITO, Chennai Introduction The case of IMAM SYED ABDUL KAMAL NAZAR vs. ITO,...
NCDRC Upholds Consumer Rights Against Unfair Real Estate Practices Despite Arbitration Clauses Introduction The case of Deepika Chaudhary Chandra And Another Complainant(s) v. Emaar MGF Land Limited...
Inclusion of Unfiled Homebuyer Claims in Insolvency Resolution: Insights from Puneet Kaur v. K.V. Developers Private Limited And Others Introduction The case of Puneet Kaur v. K.V. Developers Private...
Factiva Limited v. DCIT: Redefining Royalty under India-UK DTAA Introduction The case of Factiva Limited, Mumbai v. DCIT (IT) - 2(3)(1), Mumbai adjudicated by the Income Tax Appellate Tribunal on May...
Eligibility of Interest Income from Co-operative Bank Fixed Deposits under Section 80P: Insights from Shree Keshav Co-Operative Credit Society Ltd. v. The Principal Commissioner of Income Tax...