Judgement

ITAT held that where corresponding sales are accepted, only the profit element embedded in alleged bogus purchases can be taxed, restricting the addition to 8% of the disputed purchases

ITAT Restricts Bogus Purchase Addition to 8% Profit Element, Grants Major Relief to Taxpayer

ITAT holds incorrect audit form filing is curable and cannot defeat eligible deduction.

ITAT Allows Section 10AA Claim Despite Filing Wrong Form; Procedural Error Held Curable

The ITAT condoned a 461-day delay and remanded the capital gains dispute arising from a Joint Development Agreement for fresh adjudication.

ITAT Condones 461-Day Delay, Restores Capital Gains Appeals for Fresh Adjudication in JDA Dispute

Notifications

SEBI proposes common advertisement norms, simplified reporting and stronger investor protection safeguards.

SEBI Proposes Common Advertisement Code for Brokers, Mutual Funds, Advisers and Other Regulated Entities

The ITAT condoned an 89-day delay and remanded a Rs 10.53 crore unexplained income addition case to the AO after finding that the assessee was denied a fair opportunity of hearing.

ITAT Grants Second Opportunity to NRI Assessee, Remands Rs 10.53 Crore Unexplained Income Addition Case to AO

SEBI proposes common advertisement norms, digital reporting and streamlined compliance for regulated entities.

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ITAT Restricts Bogus Purchase Addition to 8% Profit Element, Grants Major Relief to Taxpayer

ITAT Allows Section 10AA Claim Despite Filing Wrong Form; Procedural Error Held Curable

ITAT Condones 461-Day Delay, Restores Capital Gains Appeals for Fresh Adjudication in JDA Dispute

SEBI Proposes Common Advertisement Code for Brokers, Mutual Funds, Advisers and Other Regulated Entities

ITAT Grants Second Opportunity to NRI Assessee, Remands Rs 10.53 Crore Unexplained Income Addition Case to AO

SEBI Proposes Unified Advertisement Code for Brokers, Mutual Funds and Other Regulated Entities