CIT v. Jugal Kishore Garg (Derewala): Upholding Natural Justice in Section 153C Assessments Introduction The case of DCIT, Central Circle-1, Jaipur vs. Shri Jugal Kishore Garg (Derewala) presents a...
Adani Power v. MSEDCL: Upholding the Restitutive Principle in Change in Law Compensation Introduction The case of Adani Power Maharashtra Limited (APML) v. Maharashtra State Electricity Distribution...
Tribunal Upholds Contractual Tariff Amidst Extension Dispute: A New Precedent in Renewable Energy Contracts Introduction The case of Chennamangathihalli Solar Power Project LLP, Through Its...
Enhanced Criteria for Transfer Pricing Comparables Established in Midland Credit Management India Pvt. Ltd. v. ADDL. CIT, Special Range-6, New Delhi Introduction The case of Midland Credit Management...
Appellate Tribunal Sets Aside Liability for IDC and IEDC in Transmission Projects Due to Force Majeure Introduction The case of NRSS XXXI (B) Transmission Ltd. v. Central Electricity Regulatory...
Clarifying Penalty Notices: Insights from Tejpal Singh Nunia v. DCIT, Jaipur Introduction The case of Tejpal Singh Nunia v. DCIT, Central Circle-2, Jaipur adjudicated by the Income Tax Appellate...
Determining Agricultural Land Status for Capital Gains Exemption: Insights from G Vijay Padma v. Income Tax Officer, Bangalore Introduction The case of G Vijay Padma v. Income Tax Officer...
Clarification on Penalty Imposition under Sections 271D and 271E: Insights from Mamurpur Co-operative Thrift and Credit Society Ltd. v. Addl. CIT Introduction The case of Mamurpur Co-operative Thrift...
NCLAT Confirms Prior CCI Approval Requirement in Insolvency Resolution Plans Involving Combinations: Makalu Trading Ltd. v. Rajiv Chakraborty Introduction The case of Makalu Trading Ltd. And Others...
10% Threshold Established for Ignoring Valuation Differences under Section 56(2)(vii)(b): Sri Sandeep Patil vs. Income Tax Officer Introduction The case of Sri Sandeep Patil, Bangalore v. The Income...
Clarification on Section 7 Applications Post-Dharani Sugars: NCLAT Upholds Supreme Court Ruling Introduction The case of Punjab National Bank (Erstwhile Oriental Bank Of Commerce Corporate Branch) v....
Consumer Rights Reinforced: Refund and Compensation Mandated for Delayed Possession Introduction The case of Prachī Mathur v. M/S TDI Infrastructure Limited adjudicated by the State Consumer Disputes...
Shri Pappu Ram Saran v. ITO: Tribunal Upholds Sale Proceeds as Justifiable Source for Unexplained Deposits Introduction The case of Shri Pappu Ram Saran v. Income Tax Officer (ITO), Ward-2,...
CESTAT Delhi I Upholds Exemption of Revenue Sharing in Healthcare Services from Service Tax Introduction The case of M/s Sir Ganga Ram Hospital v. Commissioner, Service Tax-Delhi I adjudicated by the...
Reaffirming the Burden of Proof on Assessees in Section 68 Cases: Insights from Ajmera v. ITO Jaipur Introduction The case of Shri Subhash Chand Ajmera, Jaipur v. Income Tax Officer, Ward-2-1, Jaipur...
Rita Kapur v. Invest Care Real Estate LLP: Defining Financial Creditor under the Insolvency and Bankruptcy Code, 2016 Introduction The case of Rita Kapur v. Invest Care Real Estate LLP was...
Rajasthan Nursing Council v. CIT: Affirming Charitable Status Through Predominant Educational Objectives Introduction The case of Rajasthan Nursing Council, Jaipur v. CIT (Exemption), Jaipur...
Prospective Application of Section 200A Amendment Precludes Liability Under Section 234E for TDS Returns Filed Before 01.06.2015 Introduction In the landmark case of Bathline India (Pvt.) Ltd., Delhi...
SEBI Establishes Threshold for Preferential Allotment: Kelvin Fincap Limited Judgment Clarifies Public Issue Compliance Requirements Introduction The Securities and Exchange Board of India (SEBI)...
ITA Del/2019: Section 234E Late Filing Fee Exemption for TDS Returns Prior to 01.06.2015 Introduction The case of Anjani Technoplast Limited vs. ACIT (ITA Nos.7931 to 7952/Del/2019) was adjudicated...