Judgement

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.

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

News

GST officials raided Jalandhar’s Aggarwal Vaishno Dhaba and the owners’ homes over suspected GST theft.

Central GST Team Raids Jalandhar’s Aggarwal Vaishno Dhaba Over Suspected GST Theft

Supreme Court held that assignment of decree for specific performance is not compulsorily registrable under Section 17(1)(e) of the Registration Act

Assignment of Specific Performance Decree Does Not Create Rights in Immovable Property; Registration Not Mandatory: SC

SC: 24% Interest in NBFC Commercial Loan Not Unconscionable; Post-Award Interest Mandatory Under Section 31(7)(b)

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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

Central GST Team Raids Jalandhar’s Aggarwal Vaishno Dhaba Over Suspected GST Theft

Assignment of Specific Performance Decree Does Not Create Rights in Immovable Property; Registration Not Mandatory: SC

Supreme Court: Interest Rate Challenge Not Valid Under Public Policy