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ITAT Chennai Orders Condonation of 315-Day Delay in Tax Appeal Due to Severe Illness
ITAT Chennai directs the CIT(A) to excuse a 315-day delay in filing an income tax appeal caused by chronic illness and judge the case on its merits.
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Income Tax Appellate Tribunal Deletes Rs 1.50 Crore Addition Over Lack of Evidence
Learn how the Ahmedabad ITAT deleted a Rs 1.50 crore addition under Section 69C because the revenue failed to link the cash recipient to the company.
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Delhi High Court Quashes Educomp SFIO Investigation Order
Delhi HC sets aside the SFIO investigation order against Educomp, ruling that uncorroborated reports and lack of material review invalidate proceedings.
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Mphasis Achieves Validation for Science Based Emissions Targets
Discover how Mphasis Limited has secured official validation for its corporate emissions reduction targets from the Science Based Targets initiative.
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UBS AG Acquires 4.8 Percent Stake in 360 ONE WAM
Global financial institution UBS AG secures a 4.8 percent equity stake in 360 ONE WAM through a recent warrant conversion.
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ITAT Rules Section 270A Penalty Notice Valid Despite Missing Clause
Learn how the ITAT Hyderabad ruled that a Section 270A tax penalty notice remains valid even if the specific misreporting clause is omitted.
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Marico Reports Major Drop in Carbon Emissions Intensity Since FY13
Discover Marico Limited's latest environmental update showcasing a substantial decline in emissions intensity since the fiscal year 2013.
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ITAT Mumbai Deletes Section 50C Addition Over Ignored DVO Reference
Learn how ITAT Mumbai deleted a Section 50C capital gains addition because the assessing officer finalized the assessment without awaiting the DVO report.
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Himachal Pradesh High Court Rules on SARFAESI Writ Petitions and Alternative Remedies
Discover the Himachal Pradesh HC ruling stating SARFAESI proceedings cannot be challenged via writ when an alternative remedy exists.
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Supreme Court Rules Article 21 Overrides PMLA Section 45 Bail Restrictions
Supreme Court grants bail to Padam Chand Jain, ruling that Article 21 constitutional safeguards override stringent PMLA Section 45 custody conditions.