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 ...

Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

A major legal challenge in deep-sea mining is the jurisdictional ambiguity between international waters and areas within national Exclusive Economic Zones (EEZs) —which extend up to 200 nautical miles ...

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

As per the decisions taken in the 55 th GST Council meeting government has amendment in CGST Act, 2017 in the budget 2025, after this amendment specifically provide for the requirement of reversal of ...

Rules, 2014 contain Provisions for applicability of Cost Records and Cost Audit. Rule 3 of these rules, contain two tables. Table A for Regulated Sector and Table B for Non Regulated Sector. These ...

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 ...

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 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 ...

CIT (A) has erred in confirming the addition of Rs.6 lacs which was added by the Assessing Officer on account of unexplained cash found at the residential premises during the course of search. 2. 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 ...