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NCLT Mumbai Dispenses with Meetings for HSBC Scheme Based on Unanimous Shareholder Consent
NCLT Mumbai allows HSBC to bypass shareholder and unsecured creditor meetings for a corporate arrangement following unanimous consent.
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Karnataka High Court Quashes GST Demand Over Email Notice Confusion
Karnataka HC quashes a GST demand and garnishee notice for Raashi Constructions, allowing a fresh reply and fair hearing.
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ITAT Pune Deletes Tax Addition for Deceased Husband Cash Gifts
ITAT Pune deletes a 60 lakh Section 69A tax addition, accepting valid evidence of cash gifts from a late husband to his family.
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Delhi High Court Rules Third Party Statements Without Cross Examination Invalid for Tax Additions
Delhi High Court rules that third-party statements without cross-examination cannot sustain tax additions in completed assessments under Section 153A.
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ITAT Rajkot Deletes Rs 5.50 Crore Income Tax Addition Based on WhatsApp Chat
Learn how ITAT Rajkot deleted a Rs 5.50 crore income tax addition against an NRI, ruling that uncorroborated WhatsApp figures do not prove investments.
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ITAT Mumbai Quashes Rs 63 Crore Black Money Act Assessment Over Invalid Notice
ITAT Mumbai sets aside a Rs 63.12 crore Black Money Act assessment for the 2018-19 assessment year due to an invalid Section 10 notice.
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IDS Tax Paid Under Two PANs: ITAT Pune Orders Verification and Relief
ITAT Pune upholds a reassessment notice while directing verification of Income Disclosure Scheme tax payments made across two PANs for conditional relief.
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ITAT Mumbai Applies TOLA Limitation Rules to Annul Penny Stock Reassessment
Learn how ITAT Mumbai quashed an assessment for AY 2015-16 by applying TOLA limitation rules to penny stock reassessment proceedings.
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ITAT Mumbai Rules WhatsApp Chats Cannot Sustain Section 69A Tax Additions
ITAT Mumbai rules unverified WhatsApp chats cannot support Section 69A additions without corroborative evidence and Section 65B compliance.
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Supreme Court Rules Customs Electronic Evidence Valid Without Strict Certificate Format
Explore the Supreme Court ruling stating signed records and unretracted statements suffice for customs electronic evidence compliance.