Clarification on Deduction under Section 36(1)(va) and Limitation Period for Section 254(2): Insights from ADIT Bangalore in Sunrise Freight Movers Pvt. Ltd. Case Introduction The case of The...
Natma Securities Ltd v. ACIT: Landmark Ruling on TDS Payment Timelines Introduction The case of Natma Securities Ltd, New Delhi v. ACIT, Circle-76(1), New Delhi adjudicated by the Income Tax...
Tribunal Reverses Section 68 Addition Due to Inconsistent Assessment of Cash Deposits: Rahul Cold Storage v. Income Tax Officer Introduction The case of Rahul Cold Storage, Dhamtari v. Income Tax...
ITA Tribunal Reinforces Principle of Natural Justice in Fresh Adjudication of Income Tax Appeals Introduction The case of Dy. Commissioner of Income Tax, Central Circle-2(4), Hyderabad v. Agri Gold...
Mandatory Inclusion of Document Identification Number (DIN) in Tax Orders: A Landmark Decision by ITAT Kolkata Introduction The case of Shri Mahesh Kumar Sureka v. PCIT-13, Kolkata adjudicated by the...
Invalid Jurisdiction of Assessing Officer: Landmark Judgment in M/s Adarsh Rice Mill v. Income Tax Officer, Raipur Introduction The case of M/s Adarsh Rice Mill, Raipur v. Income Tax Officer, Ward...
Admission of Additional Evidence under Rule 46A: ITAT Delhi Bench's Perspective in Mayur Batra v. ACIT Introduction The case of Mayur Batra v. ACIT, Circle-61(1), New Delhi adjudicated by the Income...
Clarifying the Burden of Proof under Section 68: Vaishnavi Bullion Pvt Ltd. vs. Asst. Commissioner of Income Tax Introduction The case of Vaishnavi Bullion Private Limited, Hyderabad v. Asst....
Timely Payment of Employee Contributions: Insights from M/s. Suresh Electricals v. DCIT Introduction The case of M/s. Suresh Electricals, Bellary versus The Deputy Commissioner of Income Tax (ITA...
ITAT Jaipur Reinforces the Distinct Separation between Assessment and Penalty Proceedings: Implications of Section 263 Introduction In the landmark case Harish Jain, Jaipur v. PCIT (Central), Jaipur,...
Section 36(1)(va) Deduction: Cemetile Industries v. Income-Tax Officer Establishes Strict Compliance Requirements Introduction In the landmark case of Cemetile Industries, Pune v. Income-Tax Officer,...
Anand Mining Corporation v. Dy. CIT: Defining Speculative Transactions in Business Income Set-Offs Introduction The case of Anand Mining Corporation, Jabalpur v. Deputy Commissioner of Income Tax...
DIN Compliance in Income Tax Orders: Precedent Set by Smt. Sunita Agarwal v. ITO Introduction The case of Smt. Sunita Agarwal, Kolkata v. ITO, Ward-43(6), Kolkata adjudicated by the Income Tax...
Reappraisal of Unexplained Cash Under Section 69A: Insights from Manisha Punshi v. Income Tax Officer, Bhatapara Introduction The case of Manisha Punshi, Bhatapara v. Income Tax Officer, Bhatapara...
Mandatory Timely Filing of Returns for Tax Exemptions: Telangana Working Journalists Welfare Fund v. ITO Introduction The case of Telangana Working Journalists Welfare Fund, Hyderabad v. ITO...
Strict Adherence to Limitation Periods in Transfer Pricing Assessments: Verizon Data Services Case Introduction In the landmark case of Verizon Data Services India Pvt. Ltd. v. Income Tax Officer,...
Clarifying the Legitimacy of Partner Capital Contributions and Unsecured Loans: Insights from Assistant Commissioner of Income Tax v. KTMR Metals Industries Introduction The case of Assistant...
Sri. Pavan Kandkur v. Principal Commissioner of Income Tax: Affirming Immunity under the Direct Tax Vivad Se Vishwas Scheme Against Section 263 Proceedings Introduction The case of Sri. Pavan...
Income Tax Appellate Tribunal Affirms Retroactive Applicability of Section 12A Registration for NGOs Introduction The case of M/s. Leh Nutrition Project vs. The Dy. Commissioner of Income-tax,...
Exemption Eligibility under Section 11 Despite Procedural Non-Compliance: Analysis of M/s. Shardaben Education Trust v. Income Tax Officer Introduction The case of M/s. Shardaben Education Trust,...