Judgement

ITAT Mumbai remanded the case after finding that the taxpayer was not given a fair chance to present evidence against the disallowance of business expenses.

ITAT Quashes CIT(A) Order for Lack of Natural Justice in Rs. 3.43 Lakh Expense Disallowance

News

GST officials raided Jalandhar’s Aggarwal Vaishno Dhaba and the owners’ homes over suspected GST theft.

Central GST Team Raids Jalandhar’s Aggarwal Vaishno Dhaba Over Suspected GST Theft

Supreme Court held that assignment of decree for specific performance is not compulsorily registrable under Section 17(1)(e) of the Registration Act

Assignment of Specific Performance Decree Does Not Create Rights in Immovable Property; Registration Not Mandatory: SC

SC: 24% Interest in NBFC Commercial Loan Not Unconscionable; Post-Award Interest Mandatory Under Section 31(7)(b)

Supreme Court: Interest Rate Challenge Not Valid Under Public Policy

The ITAT held that a technical glitch preventing Form 10-IC filing could not deny the assessee the New Tax Regime, quashing the old regime tax demand and directing fresh consideration.

ITAT Quashes Old Regime Tax Demand After Income Tax Portal E-Filing glitches Blocked Form 10-IC Submission

Pista House and Mehfil in Hyderabad came under Income Tax scrutiny for alleged tax evasion.

Income Tax Officials Raid Pista House, Shadab and Mehfil in Tax Evasion Probe

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