ITAT Mumbai rules that tax refunds must first be adjusted against interest due under Section 244A; Revenue’s appeals ...

ITAT Chennai caps Section 14A disallowance at exempt income and fixes corporate guarantee commission at 0.5% in Siva ...

ITAT Chennai deletes notional interest TP adjustment on quasi-equity advances and restricts corporate guarantee ALP to 0.5%.

Delhi HC upheld Section 148 reassessment notice where supplier testimony indicated possible income escapement; writ petition ...

Patna HC quashes seizure of 15,865 kg areca nuts as Customs failed to establish reasonable belief of smuggling or foreign ...

ITAT Mumbai deletes ₹6.27 lakh addition under Section 56(2)(x), holding that the beneficial 10% stamp duty tolerance applies ...

Supreme Court upholds Telangana ownership of 550 acres in Miyapur; jagir abolition defeats private claims and fraudulent ...

CESTAT Kolkata sets aside confiscation of 1,991.6 grams of gold and penalties as Customs failed to establish foreign origin ...

Madras High Court examines credit on structural steel and machinery supports, applying earlier India Cements rulings.

Supreme Court declines to interfere with quashing of areca nut seizure but permits Customs to investigate and proceed in ...

Summary: The Income Tax Appellate Tribunal (ITAT), Mumbai, in DCIT Vs DBM Geotechnics and Constructions (P.) Ltd., dismissed ...

CESTAT Hyderabad sets aside confiscation of 310.07 grams of gold and ₹3.15 lakh penalty as Customs failed to establish ...