Judgement

SC rules prosecution unsustainable where Settlement Commission findings are conclusive and departmental circulars ignored

SC Quashes Prosecution Under Section 276C(1) After Settlement Commission’s Conclusive Findings

ITAT quashes CPC intimation u/s 143(1) restricting exemption on leave encashment, holding it invalid for want of mandatory prior notice.

ITAT Quashes CPC Adjustment Made Without Mandatory Notice u/s 143(1)(a)

ITAT sustains addition of Rs. 14,49,085 as unexplained cash credit from Safal Herbs Ltd transactions and dismisses assessee’s appeal.

ITAT Dismisses Appeal Against Addition of ₹14.49 Lakh on Share Transactions with Safal Herbs Ltd

ITAT Dismisses Appeal Against Addition of Rs. 14.49 Lakh on Share Transactions with Safal Herbs Ltd.

ITAT affirms deletion of Rs.  8,89,36,000 u/s 69C; cash withdrawals used to pay farmers for bulls were explained with books and vouchers; AO accepted sales but failed to verify purchases.

ITAT Upholds Deletion of Rs. 8,89,36,000 Addition u/s 69C on Cash Withdrawals

Notifications

The Central Board of Direct Taxes (CBDT) notifies amendments to Rule 2DCA extending investment timelines under Section 10(23FE)

CBDT Extends Investment Timeline for Sovereign and Pension Funds under Rule 2DCA till 2031-32

Articles

If CBDT approves this request for allowing the revision of Form 10-IEA, taxpayers will be able to correct their genuine mistakes.

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SC Quashes Prosecution Under Section 276C(1) After Settlement Commission’s Conclusive Findings

ITAT Quashes CPC Adjustment Made Without Mandatory Notice u/s 143(1)(a)

ITAT Dismisses Appeal Against Addition of Rs. 14.49 Lakh on Share Transactions with Safal Herbs Ltd.

ITAT Upholds Deletion of Rs. 8,89,36,000 Addition u/s 69C on Cash Withdrawals

CBDT Extends Investment Timeline for Sovereign and Pension Funds under Rule 2DCA till 2031-32

Jamnagar Consultants' Association Requests CBDT to Allow Revision of Form 10-IEA