NCLT Chandigarh held that since resolution plan in respect of Nav Jyoti Agro Foods Private Limited meets requirement of ...

Delhi High Court held that matters having financial liabilities or penal consequences cannot be kept unresolved for years. Thus, show cause notice issued in 2013, 2014, 2015, 2016 and 2018 adjudicated ...

Delhi High Court held that once addition on the basis of which reasons recorded for reopening of assessment under section 147 of the Income Tax Act has been deleted, then, other addition made are not ...

Karnataka High Court held that total consideration under composition scheme doesn’t include amount received from customer towards land. Thus, consideration for works contract under composition Scheme ...

The ITAT Pune allowed the appeal of Balasaheb Popatrao Phadol, holding that no capital gains tax is applicable in the assessment year 2012-13 solely based on the execution of a development agreement ...

Facts of the Case The assessee, a co-operative society involved in the business of wholesale supply of consumer ...

The Kerala State Branch of the Indian Medical Association agitated on the coercive measures by the Directorate General of GST Intelligence in relation to the recovery of tax on various services ...

Provision related to levy of GST on service provided by club/ association to its member is Unconstitutional-Kerala High Court. In recent case of Indian Medical Association, Kerala ...

It is definitely most refreshing, most reassuring and so also certainly most reinvigorating to learn that while striking the right chord, the Punjab and ...

Tejua Rohitkumar Kapadia, the Gujarat High Court dismissed a tax appeal filed by the Revenue challenging an order of the Income Tax Appellate Tribunal (ITAT) dated January 16, 2017. The core issue ...

Biocon Ltd., the Karnataka High Court examined whether discounts on the issuance of Employee Stock Option Plans (ESOPs) qualify as deductible expenses under Section 37(1) of the Income Tax Act, 1961.

Delhi High Court has set aside an assessment order issued by the National Faceless Assessment Centre, Delhi, for the Assessment Year 2018-2019, citing a failure to grant a personal hearing to the ...