Statement recorded during Survey u/s 133A has no evidentiary value – Any admission made merely on the basis of statement is illegal

An investor of ‘Capital Gain Tax Exemption Bonds’ cannot seek premature withdrawal through judicial intervention: Delhi HC

Once a matter is dropped at ASMT-10 level, no further proceedings can be initiated u/s 74

PCIT Order requiring Assessee to pay 20% of the tax demand during an ongoing appeal quashed by Karnataka High Court

Individuals Paying More Taxes than Corporates

NCLT Order setting aside assessment and penalty orders during the moratorium period under the Insolvency and Bankruptcy Code (IBC) and Observation by Bombay High Court

GSTN Advisory regarding IMS during initial phase of its implementation

ITAT allowed Assessee’s claim for depreciation on goodwill of period prior to applicability of the amendment vide Finance Act 2021

Adherence to statutory time limits is crucial in tax assessments

Sale Deed Insufficient for Agricultural Land Classification in Tax Matters: Delhi HC

Addition on the basis of statement recorded has no evidentiary value without any incriminating material

Proposed Direct Tax Code: What Changes It Could Bring

Maharashtra Unveils Tourism Policy 2024 – Focus on Investments, Job Creation & Agro Tourism

Per Incuriam : A Legal Compass for Ensuring Judicial Consistency

Technicalities and rigid application of rules should not override human considerations: Court on rejection of application for condonation of Delay in filing Return under section 119(2)(b)

Whether income from the sale of software licenses should be classified as business income or royalty income?

CPC denial of the claim of section 115BAB holding that no manufacturing activity has begun: ITAT Hyderabad allowed it

10 Years of delay in filing appeal Condoned by Hyderabad ITAT