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ITAT Mumbai Deletes Section 69 Addition Based on Sister Bank Loan Verification
ITAT Mumbai deletes a Rs 3.20 lakh Section 69 addition after confirming a bank loan from the taxpayer sister and remands another issue.
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NCLT Orders Liquidation as Approved Resolution Plan Stalls Indefinitely
Discover why the NCLT Hyderabad ordered company liquidation after the indefinite delay of an approved resolution plan, rejecting Section 74 penalties.
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ITAT Jabalpur Rules in Favor of Taxpayer on EPF Deposit Delay Caused by Technical Glitches
Discover how ITAT Jabalpur allowed Section 36(1)(va) deductions for EPF payment delays caused by official portal and gateway failures.
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ITAT Chandigarh Rules Assessment Issues Do Not Justify 12AB Registration Cancellation
Learn how ITAT Chandigarh protected trust registration under Section 12AB, ruling that assessment issues alone cannot justify cancellation.
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ITAT Chennai Directs Fresh Examination of Transfer Pricing Matters and Dismisses Revenue Appeal on Forex Loss
ITAT Chennai remands transfer pricing matters for fresh review while dismissing the Revenue appeal concerning foreign exchange losses, software depreciation, and secondment payments.
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Understanding Consumer Disputes and Revision Petitions in Kerala
Explore the legal framework surrounding consumer disputes and revision petitions handled by the Kerala State Consumer Disputes Redressal Commission.
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ITAT Jaipur Rules on Tax Deductions for PF ESI and MEIS Claims
Learn about the latest ITAT Jaipur ruling allowing Section 80JJAA, 80-IA, and MEIS claims while disallowing delayed PF and ESI contributions.
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Raipur ITAT Limits Section 272A(2)(e) Penalty to Section 139(4) Window
Raipur ITAT rules that tax penalties under section 272A(2)(e) cannot extend past the permissible period for submitting a belated return.
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Delhi ITAT Rules MEIS Reward as Capital Receipt and Not Taxable Income
Delhi ITAT classifies MEIS rewards as capital receipts, excluding them from taxable income and book profits while deleting section 14A disallowance.
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MEIS Scrip Sale Proceeds Are Capital Receipts and Not Taxable Rules ITAT Chennai
ITAT Chennai rules that MEIS scrip sale proceeds qualify as capital receipts and are non-taxable, while also classifying leasehold land construction costs as revenue expenditure.