Judgement

ITAT Mumbai, has ruled in favour of an HUF, reducing the disallowance on exempt income and clarifying the nature of the refund of an advance payment made by the HUF to its Karta.

Receipt Remains Capital or Revenue Regardless of Utilisation: ITAT

SC holds suit for possession based on title carries 12-year limitation; mutation does not confer title; plaint cannot be rejected under Order 7 Rule 11. HC orders set aside.

Supreme Court Sets Aside HC’s Ex Parte Rejection of Title Suit; Plaint Not Time-Barred on Its Face

The Delhi High Court has recently directed the release of gold bangles and two iPhones detained by Customs upon the payment of a redemption fine, customs duty, and penalty.

Delhi HC Orders Release of Marriage Gifts Detained by Customs

Delhi HC Orders Release of Marriage Gifts Detained by Customs: Waives warehousing charges

Tribunal directs correction of Compucom Software margin, excludes four high-end comparables, and upholds separate benchmarking of overdue receivables

ITAT Bangalore Excludes Multiple Comparables in SAP India TP Case; Upholds Interest on Receivables

Five-Judge Constitution Bench rejects “heartburn”-based claims and mandates a nationwide 4-point annual roster for District Judge seniority

Supreme Court Lays Down Uniform Seniority Framework for Higher Judicial Services Across India

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.

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Receipt Remains Capital or Revenue Regardless of Utilisation: ITAT

Supreme Court Sets Aside HC’s Ex Parte Rejection of Title Suit; Plaint Not Time-Barred on Its Face

Delhi HC Orders Release of Marriage Gifts Detained by Customs: Waives warehousing charges

ITAT Bangalore Excludes Multiple Comparables in SAP India TP Case; Upholds Interest on Receivables

Supreme Court Lays Down Uniform Seniority Framework for Higher Judicial Services Across India

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