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Tribunal Upholds PMLA Asset Attachment in LTCG Share Manipulation Case
Appellate Tribunal upholds the PMLA attachment of long-term capital gains assets tied to alleged illegal bribe proceeds through inflated share deals.
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Ahmedabad ITAT Rejects Borrowed Satisfaction Challenge but Deletes Bogus LTCG Addition
Ahmedabad ITAT upheld a Section 147 reopening but deleted a Rs 15.93 lakh bogus LTCG addition due to a lack of transaction-specific evidence.
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SAFEMA Tribunal Sets Aside Benami Jewellery Attachment Over Procedural Lapse
The SAFEMA Tribunal cancels a 1.07 crore rupee benami jewellery attachment, ruling that prior approval before the Section 24 notice invalidates proceedings.
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PMLA Attachment Valid on Properties Held by Non-Accused Individuals: SAFEMA Tribunal
SAFEMA Tribunal rules that Prevention of Money Laundering Act attachments can legally cover properties held by individuals not named as accused.
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PMLA Tribunal Orders Return of Unused Seized Digital Devices by Enforcement Directorate
Discover the latest PMLA Tribunal ruling requiring the Enforcement Directorate to release seized mobile phones and hard disks within 30 days.
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ITAT Kolkata Deletes Rs 1.57 Crore Jewellery and Cash Additions in Tax Appeal
Learn how ITAT Kolkata deleted Rs 1.57 crore ancestral jewellery and cash additions by accepting valid valuation reports and affidavit evidence.
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ITAT Ranchi Invalidates Section 148A(b) Tax Notice for Insufficient Time
ITAT Ranchi sets aside a tax reassessment notice under Section 148A(b) and Section 263 proceedings due to a failure to provide seven clear days.
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ITAT Ahmedabad Upholds Tax Reopening Yet Deletes Bogus Loan Addition
ITAT Ahmedabad rules on Section 147 tax reopening, upholding the reassessment procedure while deleting bogus loan additions backed by banking channels.
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ITAT Guwahati Denies Section 10(26) Tax Exemption for Work From Home Salary in Shillong
ITAT Guwahati ruled against Section 10(26) tax exemption for a taxpayer working from home in Shillong, stating salary did not arise from a specified source.
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ITAT Kolkata Remands Income Tax Appeal Over Unaddressed Reopening Grounds
ITAT Kolkata restores an income tax appeal, directing the CIT(A) to issue a reasoned speaking order after failing to address reassessment jurisdiction.