Judgement

The authority was directed to check the books of account to calculate the actual amount to be disallowed.

Disallowance Under Section 14A Must Be Based on Actual Expenses: HC

Court holds that reassessment beyond six years barred under first proviso to Section 149; reopening also impermissible during pending rectification proceedings

No Reopening During Pending Rectification: High Court Invalidates Time-Barred Section 148 Notice

Court rules that retrospective amendment to Section 115JB permitting add-back of diminution in asset value; lease rent provision found unascertained

High Court: Provisions for Diminution in Investments & Lease Rent Are Liable for MAT Add-Back

ITAT Ahmedabad rules tax department cannot start a reassessment against a dead person; a notice must be issued to the legal heir.

Reassessment on a Dead Person Illegal: ITAT Sets Aside Rs. 59.44 Lakh Addition

Court slams mechanised complaint rejections, harassment by recovery agents, and directs systemic reforms to improve RBI Ombudsman accountability

HC Slams Citibank and RBI Ombudsman for Mishandling Credit Card Fraud Case; Orders Rs. 1 Lakh Compensation to Victim

HC holds cross-LoC barter trade taxable as intra-state supply, upholds GST Section 74 notices, and directs traders to pursue statutory remedies under the CGST Act.

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Disallowance Under Section 14A Must Be Based on Actual Expenses: HC

No Reopening During Pending Rectification: High Court Invalidates Time-Barred Section 148 Notice

High Court: Provisions for Diminution in Investments & Lease Rent Are Liable for MAT Add-Back

Reassessment on a Dead Person Illegal: ITAT Sets Aside Rs. 59.44 Lakh Addition

HC Slams Citibank and RBI Ombudsman for Mishandling Credit Card Fraud Case; Orders Rs. 1 Lakh Compensation to Victim

No GST Exemption for Cross-LoC Barter, GST Applicable Since PoK Part Of India: J&K High Court