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

ITAT Mumbai held that the very basis of which the Assessing Officer formed the belief that the income liable to tax is escaped assessment was based upon incorrect understanding of the facts and is, ...

NCLT Mumbai held that the Advance received by the Corporate Debtor against future supply of goods is an Operational Debt.

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 ...