ITAT Delhi rules interest on enhanced compensation for acquired agricultural land is taxable as 'income from other sources,' dismissing exemption ...

Allahabad High Court overturns penalty on Nokia Solutions for incomplete e-way bill. Court rules mere procedural lapse without tax evasion intent doesn't warrant penalty, citing matching invoices and ...

Karnataka High Court held that recovering amount in excess of 20% of total demand during pendency of appellate proceeding is impermissible in law. Accordingly, department directed to refund entire ...

ITAT Mumbai rules on Girdharilal Lulla's appeal, asserting unsold flats are stock-in-trade, not subject to notional house property income ...

Delhi High Court held that notice issued u/s. 148 and assessment order thereon is liable to be set aside as sanction of issuance of notice not granted by authority specified under section 151 of the ...

ITAT Delhi held that loss incurred on account of trading in gold derivatives being hedging transaction and was excluded from ...

This article examines five pivotal cases that have shaped jurisprudence on GST recovery, highlighting procedural safeguards and limitations on departmental ...

DMI Alternatives Private Limited under Articles 226 and 227 of the Constitution of India, inter alia, assailing the Show ...

Orissa High Court held that disallowance of input tax credit under GST without granting proper opportunity to substantiate the claim is not justified. Accordingly, ex-parte order passed is liable to ...

ITAT Raipur held that ex-parte order passed by CIT(A) is liable to be set aside since there were justifiable reasons for the ...

Indian tax residents must report foreign assets and income in their ITRs, regardless of value. Non-disclosure can lead to ...

Maharashtra AAR ruled that the Section 16(4) time limit applies to Input Tax Credit claimed via a Bill of Entry for imported goods, affirming deadline for all ITC ...