Deduction Under Section 36(1)(va) Reaffirmed for Late Deposits of Employee PF/ESI Contributions Introduction The case of Commercial Auto Sales Pvt. Ltd., Allahabad v. Assistant Director of Income Tax...
Shergil Harjit v. Pr Commissioner of Income-Tax-1: Enhanced Scrutiny on Revisional Jurisdiction Under Section 263 Introduction The case of Shergil Harjit, Ahmednagar v. Pr Commissioner of...
Clarifying the Boundaries of Section 263 and Asset Acquisition Parameters Under the IT Act: Insights from M/s A&J Associates vs. PR CIT-19, Mumbai Introduction The case of M/s A&J Associates, Mumbai...
Affirming Eligibility of Cooperative Societies for Deductions under Section 80P(2)(d) on Interest Income from Cooperative Banks Introduction The case of Rena Sahakari Sakhar Karkhana Ltd. vs. Pr....
Income Tax Appellate Tribunal Indore: Excess Stock Classified as Business Income, Not Unexplained Investment Introduction The case of The ACIT (Central)-1, Indore v. Shri Anoop Neema was adjudicated...
Mandatory Compliance with Section 144C of the Income Tax Act: DCIT v. Dina Mahabir Re-Rollers Pvt Ltd Establishes Strict Procedural Requirements for Final Assessment Orders Introduction The case of...
Allowance of Depreciation on Securities and Pension Fund Contributions: ITAT Delhi Upholds CIT(A)'s Decision in Punjab & Sind Bank Case 1. Introduction The case of Assistant Commissioner Of Income...
Preventing Double Taxation Through Ownership of Third-Party Cloud Data: DCIT vs. Pushpa Goyal Introduction The case of DCIT, Central Circle-1, Jaipur vs. Late Smt. Pushpa Goyal, Jaipur adjudicated by...
ITAT Mumbai Upholds Arm's Length Pricing in PPG Coatings India Pvt. Ltd. v. DCIT Introduction The case of PPG Coatings India Pvt. Ltd. (now merged with PPG Asian Paints Pvt. Ltd.) versus the Deputy...
Time Limitation for Assessing Officers and Tax Deduction on CAM Charges: Insights from Connaught Plaza Restaurants Pvt. Ltd. v. DCIT 1. Introduction The case of Connaught Plaza Restaurants Pvt. Ltd....
Ensuring Due Diligence in Assessing Loan Transactions: Insights from M/s. Ajanta Infrastructure Ltd. v. CIT-1, Aurangabad Introduction The case of M/s. Ajanta Infrastructure Limited versus...
ITAT Amritsar Upholds Exemption of Employee PF & ESI Contributions under Section 43B Introduction The case of M/S Speedways Electric, Jalandhar versus the Asst. Commissioner of Income Tax is a...
ITAT Kolkata Reinforces AO's Decision-Making Authority in Section 263 Appeals: A Comprehensive Analysis of JK Tyre & Industries Ltd v. PCIT, Kolkata Introduction In the case of JK Tyre & Industries...
ITAT Chandigarh Bench Establishes Precedent on Section 36(1)(va) Disallowances Introduction The case of Sh. Paramjeet Singh, Baddi v. DCIT, CPC/ACIT Circle, Parwanoo adjudicated by the Income Tax...
Limitation on Imposition of Late Fees under Section 234E via Section 200A for Periods Preceding June 1, 2015: ITAT Kolkata's Landmark Judgment Introduction The case of Bhaskar Roy, Kolkata v. ITO...
ITA Ruling Affirms Eligibility of Educational Society for Section 11 Exemption Despite Section 10(23C) Provisions Introduction The case of Sunshine Educational & Development Society, Noida v. Addl....
Clarifying 'Inaccurate Particulars of Income': ITAT Overrules Penalty Under Section 271(1)(c) Introduction In the case of The Karamsad Nagrik Co-op. Credit Society Ltd. v. The DCIT, Anand Circle,...
Impact of Finance Act 2021 on Employee Contributions: Lumino Industries Ltd. v. ACIT Introduction The case of Lumino Industries Limited, Kolkata v. ACIT, Cir-5(1), Kolkata adjudicated by the Income...
UltraTech Cement Ltd. v. DCIT CEN CIR 1(4), Mumbai: Pioneering Rulings on Section 80IA(12A) and Corporate Guarantees Introduction The case of UltraTech Cement Ltd. v. DCIT CEN CIR 1(4), Mumbai...
Tribunal Upholds Assessee’s Rights Against Unwarranted Additions Under Section 68 Post-Demonetization Introduction The case of Anantpur Kalpana, Gangavathi v. Income Tax Officer, Ward-1, Bangalore...