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ITAT Cuttack Reduces Profit Estimate to 8 Percent for Spare Parts Business
Learn how ITAT Cuttack reduced a profit estimation from 20 percent to 8 percent for a spare parts business and accepted cash deposits as turnover.
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ITAT Agra Remands Rs 29.34 Crore Crypto Additions Over Non-Speaking Order
ITAT Agra sets aside a massive Rs 29.34 crore cryptocurrency and bank-credit addition, mandating a fresh reasoned order under Section 250
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ITAT Agra Ruling: Mechanical Section 151 Sanction Invalidates Reassessment
ITAT Agra sets aside tax reassessment proceedings, ruling that a mechanical Section 151 sanction shows a clear lack of proper judicial application of mind.
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ITAT Agra Rules Mechanical Section 151 Approval Invalidates Reassessment
ITAT Agra invalidates income tax reassessment due to mechanical Section 151 approval, leaving the 30 lakh cash deposit issue open.
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ITAT Ahmedabad Upholds Denial of Section 80GGC Deduction for Political Donation
ITAT Ahmedabad dismisses appeal and upholds Section 80GGC disallowance for a political donation of one lakh rupees, validating reassessment proceedings.
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UTI Nifty Next 50 Index Fund Guide: Features, TER, Taxation and Risks
Explore the UTI Nifty Next 50 Index Fund with insights on assets, expense ratio, exit loads, tracking error, taxation, and potential investor risks.
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Supreme Court Rules Fraudulent CIRP Admission Can Be Recalled Separately
Supreme Court clarifies that a fraudulent CIRP admission can be recalled, while the NCLT must independently evaluate whether the process should continue.
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Understanding GST Section 23: Persons Exempt From Registration
Learn about GST Section 23, outlining individuals and entities exempt from mandatory tax registration, specific exceptions, and legal provisions.
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Mandatory ITAT E-Filing Set for October 2026 and Appeal Concerns
Explore the upcoming mandatory ITAT e-filing mandate starting October 2026, highlighting technical hurdles, transition issues, and appeal rights.
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Understanding Vehicle Insurance Claims and Transfer Mandates in Legal Disputes
Explore the legal dynamics of vehicle insurance claims, state commission rulings, and indemnity bond requirements in disputed claim cases.