Orders

CBDT has authorised the sharing of specified income-taxpayer information with Andhra Pradesh to identify eligible beneficiaries for state welfare schemes under Section 258(1) of the Income-tax Act, 2025.

CBDT Approves Income-Tax Data Sharing With Andhra Pradesh Government For Beneficiary Identification

Judgement

The High Court held that mere mechanical use of words like fraud, wilful misrepresentation or suppression cannot justify GST Proceedings.


GST Notices Under Section 74(9) Must Contain Foundational Facts of Fraud or Suppression, Rules High Court

The ITAT Mumbai has held that LLP required to be audited under LLP Act and Rules is entitled to the extended return filing.


ITAT Rules LLP Subject to Statutory Audit Under LLP Law get Extended ITR Due Date 

ITAT remands the Rs 40.46 lakh unexplained investment case to the AO to verify whether the amount was already disclosed and taxed by the assessee’s wife.

ITAT Remands Rs 40.46 Lakh Unexplained Investment Case for Fresh Examination, Directs AO to Verify Wife’s Tax Disclosure

ITAT deleted the Rs 4.61 crore tax addition, holding that 70% of the property sale proceeds belonged to the collaborator under a valid joint development agreement.

ITAT Deletes Rs 4.61 Crore Income-Tax Addition, Holds 70% Sale Proceeds Belonged to Collaborator Under Valid Joint Development Arrangement

ITAT deletes the TP adjustment on Rs 94.33 crore CCD interest, holding that CCDs retain their debt character until conversion and that the 12.37% effective rate was within the comparable range.

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CBDT Approves Income-Tax Data Sharing With Andhra Pradesh Government For Beneficiary Identification

GST Notices Under Section 74(9) Must Contain Foundational Facts of Fraud or Suppression, Rules High Court

ITAT Rules LLP Subject to Statutory Audit Under LLP Law get Extended ITR Due Date

ITAT Remands Rs 40.46 Lakh Unexplained Investment Case for Fresh Examination, Directs AO to Verify Wife’s Tax Disclosure

ITAT Deletes Rs 4.61 Crore Income-Tax Addition, Holds 70% Sale Proceeds Belonged to Collaborator Under Valid Joint Development Arrangement

ITAT Deletes Transfer Pricing Adjustment on 14% CCD Interest Paid to Foreign AE, Rejects Equity Recharacterisation of CCDs