Judgement

Prominent Mumbai-based charitable trusts and organisations have approached the ITAT to challenge the denial of Section 12AB registration renewal.

Reliance, ISKCON, PD Hinduja Hospital, and Breach Candy Hospital Trust to Income Tax Exemption Denial Over ‘Commercial Activity’ Allegations

Supreme Court upholds NIL TDS on reimbursements lacking “make available” of technical services.

SC Declines Interference in AECOMs NIL TDS Certificate Case

Cost-to-cost reimbursements of foreign entity cannot be subjected to withholding tax as FTS/royalty: SC

Franchise fees allowed as deduction; Revenue appeals dismissed across multiple assessment years.

Franchise fees paid to BCCI Not Capital Expenditure; ITAT Grants Relief for Multiple Years

News

Bombay Dyeing and Manufacturing Company Limited received an Income Tax assessment order raising its taxable income to Rs 574.35 crore, which it plans to challenge while exploring legal remedies.

Bombay Dyeing and Manufacturing Faces Rs 574 Crore Tax Adjustment, Plans Legal Challenge

Articles

Income Tax Department denies tax exemption to Mumbai hospital and spiritual trust over alleged commercial activities, raising questions about their charitable status.

Income Tax Department Cancels Registration of Mumbai Hospital and Spiritual Trust Over Profit Motive

Income Tax Department Cancels Registration of top Mumbai Hospitals Over Profit Motive

Puravankara Limited secured significant tax relief after favourable CIT(A) rulings allowed previously disallowed deductions, substantially reducing its overall tax liability.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Reliance, ISKCON, PD Hinduja Hospital, and Breach Candy Hospital Trust to Income Tax Exemption Denial Over ‘Commercial Activity’ Allegations

Cost-to-cost reimbursements of foreign entity cannot be subjected to withholding tax as FTS/royalty: SC

Franchise fees paid to BCCI Not Capital Expenditure; ITAT Grants Relief for Multiple Years

Bombay Dyeing and Manufacturing Faces Rs 574 Crore Tax Adjustment, Plans Legal Challenge

Income Tax Department Cancels Registration of top Mumbai Hospitals Over Profit Motive

Puravankara Limited Secures Major Tax Relief as CIT(A) Allows Rs 83.37 Crore Deductions