Strict Compliance with Form 10B Filing Deadlines Affirmed for Section 11 Exemption: Insights from ITAT Raipur's Decision in Shri Jain Shwetamber Murtipujak Sangh v. Income Tax Officer Introduction...
Income Tax Appellate Tribunal's Landmark Ruling on Unexplained Share Capital 1. Introduction The case of M/s Mahalakshmi Vinimay (P) Ltd., Kolkata v. I.T.O., Ward-4(2), Kolkata is a significant...
Supreme Court Upholds Strict Compliance on Employee Contribution Deposits under Section 36(1)(va): AITA Tribunal Decision in Siddhi Vinayaka Graphics Pvt. Ltd. v. ADIT Introduction The case of Siddhi...
Supreme Court Affirmation on Disallowance of Late Employee Contributions under Section 36(1)(va) Introduction The case Nepal Chandra Dey vs. Assistant/Deputy Commissioner of Income Tax (ITA...
Acceptance of Discounted Cash Flow (DCF) Method for Valuation of Unquoted Shares Under Rule 11UA(2)(b): ACIT Circle-10(1) v. Gamma Pizzakraft Introduction Overview of the Case The case of ACIT...
Comprehensive Commentary on Oberoi Spring Co-operative Housing Society Limited v. ITO-24(3)(1), Mumbai Introduction The case of Oberoi Spring Co-operative Housing Society Limited versus ITO-24(3)(1),...
Assessment Procedures Post-Amalgamation: Insights from DCIT vs. BJN Holdings Ltd. Introduction The case of DCIT, Central Circle-8, New Delhi vs. BJN Holdings Ltd. (dissolved company through its...
Partial Affirmation and Remand in ITO-3(2), Indore v. M/s. Simran Developers: Implications for Section 40A(3) and Expense Disallowance Introduction The case of ITO-3(2), Indore v. M/s. Simran...
Strict Compliance with Limitation Periods in Income Tax Assessments: Insights from Assistant Commissioner of Income Tax v. Essel Corporate Resources Pvt. Ltd. Introduction The case of Assistant...
Validating Transactions Based on Executed Agreements: Insights from Deputy Commissioner of Income Tax Central Circle-1, Jalandhar v. Shri Jatinder Singh Bedi Introduction The case of Deputy...
Assessment of Excess Stock as Business Income vs. Unexplained Investment: A Landmark Judgment Introduction This commentary analyzes the significant judgment delivered by the Income Tax Appellate...
Condonation of Appeal Delay and Treatment of Agricultural Income in Income Tax Assessments Introduction The case of Sureshbhai Sukhabhai Mistry vs. Income Tax Officer, Ward-5, Navsari adjudicated by...
ITA Indore Establishes Precedent on Validity of Related Party Loans and Excessive Interest Disallowance under Section 40A(2)(b) Introduction In the landmark case of ACIT Central-2, Indore v. Sarthak...
Interpretation of Section 12A(1)(ba) in Tax Exemption Claims: HM V Educational Cultural & Social Trust v. ITO Introduction The case of M/s. H M V Educational Cultural & Social Trust, Bangalore v. The...
ITAT Amritsar Rules Section 263 Provisions of Finance Act 2015 Non-Applicable Retrospectively for AY 2011-12 Introduction The case of SMT. RAJINDER KAUR, HOSHIARPUR v. INCOME TAX OFFICER WARD DASUYA...
Strict Enforcement of Timely PF/ESI Contributions under Section 36(1)(va): Insights from Sudhakar Rao Dondapati v. ITO, Ward-13(3), Hyderabad 1. Introduction The case of Sudhakar Rao Dondapati v....
ITAT Pune Clarifies Defective Returns under Section 139(9) and Implications for Section 234A Interest Introduction In the case of Sawari Sameer Shinde vs. Income-Tax Officer, Ward 7(3), Pune,...
Independent Verification Mandated for Reopening Assessments Under Section 147: ITAT Rules in Favor of Smt. Anju Jindal Introduction The case of Smt. Anju Jindal, Ludhiana v. ACIT, C-2, Ludhiana...
Strict Adherence to Due Dates Under Relevant Acts for Section 36(1)(va) Deductions: Incedo Technology Solutions Ltd. v. DCIT Circle-10(1), Delhi Introduction The case of Incedo Technology Solutions...
Affirmation of Assessing Officer’s TDS and CSR Deductions: Insights from HSBC Professional Services v. Pr. CIT Mumbai Introduction The case of HSBC Professional Services (India) Pvt. Ltd, Mumbai v....