Judgement

The ITAT holds genuine share premium from holding company cannot be taxed under Section 56(2)(viib) provisions.

ITAT Deletes Section 56(2)(viib) Addition on Share Premium Between Holding Company and Wholly-Owned Subsidiary

News

GSK Pharma has received a Rs 3.54 crore demand notice from the NPPA over alleged overcharging of scheduled formulations and plans to appeal.

GSK Pharma Receives NPPA Demand Notice of Rs 3.54 Crore, Plans to Appeal

The Madras High Court permits GST proceedings against legal heirs, limiting liability to the inherited estate only.

HC: GST Department Can Initiate Fresh Proceedings Against Legal Heirs Even If Taxpayer Died Before Notice

The ITAT Delhi has dismissed the appeal filed by Rashmi Magazine and upheld the order of the CIT(A) directing a fresh assessment in a search-related matter.

ITAT Rejects Assessee’s Challenge to Section 153C Proceedings And Upholds Order of CIT(A) 

The ITAT dismisses the Revenue's appeal and upholds deletion of Rs 6.43 crore additions in a search assessment case due to lack of incriminating evidence against the taxpayer.

ITAT Deletes Rs 6.43 Crore Additions, Dismisses Revenue’s Appeal in Search Assessment Case

Articles

Check Form 26AS and AIS before filing ITR to avoid errors, delays and tax notices.

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ITAT Deletes Section 56(2)(viib) Addition on Share Premium Between Holding Company and Wholly-Owned Subsidiary

GSK Pharma Receives NPPA Demand Notice of Rs 3.54 Crore, Plans to Appeal

HC: GST Department Can Initiate Fresh Proceedings Against Legal Heirs Even If Taxpayer Died Before Notice

ITAT Rejects Assessee’s Challenge to Section 153C Proceedings And Upholds Order of CIT(A)

ITAT Deletes Rs 6.43 Crore Additions, Dismisses Revenue’s Appeal in Search Assessment Case

ITR Filing 2026: Why Form 26AS and AIS Matter