Appeal was partly allowed as ground no. 2 and 3 was dismissed as infructuous.

ITAT Bangalore held that matter of rejection of registration under section 12AB of the Income Tax Act is liable to be ...

The ITAT upheld the CIT (A)’s ruling, stating that the issue had already been settled in favor of the assessee in similar cases involving Vodafone Idea, Bharti Airtel, and other telecom operators. The ...

Institute of Chartered Accountants of India (ICAI) held its Convocation Ceremony on February 6-7, 2025, across 13 locations, ...

Income Tax Appellate Tribunal (ITAT) Panaji set aside the National Faceless Appeal Centre (NFAC) order in the case of Ganga Suresh Rathod ...

ITAT Ahmedabad held that the development rights in the land were not the land itself and, therefore, the provision of section 50C of the Income Tax Act was not applicable on transfer of development ...

NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP Period only implies zero returns. Thus, adjudicating authority order ...

NCLAT Delhi held that distribution of liquidation proceeds has to be in proportion to the admitted claim of secured creditors as per section 53 (1) of the Insolvency and Bankruptcy Code and the same ...

This is an appeal filed by the assessee against the order passed by the National Faceless Assessment Centre (NFAC), Delhi, dated 27/06/2024 in ITA No. ITBA/APL/S/250/2024-25/1066121322 (1) for the ...

The court, however, found no restriction in Section 74 that would prevent the tax authorities from issuing a consolidated notice for multiple years. It noted that the provision allows authorities to ...

Madras High Court held that issuance of confiscation notice under section 130 of the TNGST Act justifiable since officials had formed clear cut prima facie opinion that gold jewellery were transported ...