NHAI faces intense legal scrutiny in Andhra Pradesh over complex service tax liabilities, impacting infrastructure development and national tax policy.
Discover how a recent ITAT ruling emphasizes the importance of strong documentary evidence for claiming tax exemptions on long-term capital gains from stock...
Tribunal Ruling on Unaccounted AssetsThe Income Tax Appellate Tribunal (ITAT) recently upheld a tax addition of ₹37.20 lakh against an assessee, ruling that excess stock discovered during an official survey…
Jurisdictional Dispute Triggers Legal ReviewThe Income Tax Appellate Tribunal (ITAT) in Nagpur has formally remanded a case involving a Section 148 notice back to the Commissioner of Income Tax (Appeals)…
Legal Procedural Shift in Tax ReassessmentThe Karnataka High Court recently set aside a Single Judge's order regarding a complex tax reassessment dispute, mandating a fresh consideration of the matter. This…
In a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) recently overturned a tax addition under Section 68 of the Income Tax Act, asserting that mere suspicion or…
Classification Ruling Clarifies Tariff BoundariesIn a significant decision issued this week, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that modular kitchen baskets and racks cannot be classified…