Judgement

The ITAT allows commission expenses, holding suspicion and non-response insufficient to deny deduction under Section 37.

ITAT Deletes Disallowance; Commission Expenses Held Genuine Despite Non-Response

Orders

Section 92 of the Companies Act, 2013, requires companies to file their annual returns in Form MGT-7 with the Registrar within 60 days of the AGM.

ROC Levies NIL Penalty As Company Corrects Default on Time

The Tribunal set aside the addition and remanded the matter to the AO for fresh verification after accepting that the bank deposits were supported by agricultural income evidence.

ITAT Accepts Initial Evidence of Agricultural Income, Remands Matter for Verification

ITAT set aside the CIT(A)’s delay-based dismissal and remanded the matter for fresh consideration, granting the assessee another opportunity.

ITAT Emphasises Fair Hearing, Gives Assessee Another Chance Before CIT(A)

High Court holds that mere similarity of trade name does not justify recovery from legal heir; attachment without notice violates natural justice and Article 300A

HC Quashes Bank Account Attachment of Son for Father’s GST Dues; No Recovery Without Prior Adjudication Under Section 93

HC Quashes Bank Account Attachment of Son for Father’s GST Dues

Articles

Uniparts India Ltd received tax relief after the Income Tax Department deleted the Rs 25.79 crore demand through a rectification order for Assessment Year 2024-25.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Deletes Disallowance; Commission Expenses Held Genuine Despite Non-Response

ROC Levies NIL Penalty As Company Corrects Default on Time

ITAT Accepts Initial Evidence of Agricultural Income, Remands Matter for Verification

ITAT Emphasises Fair Hearing, Gives Assessee Another Chance Before CIT(A)

HC Quashes Bank Account Attachment of Son for Father’s GST Dues

Income Tax Deletes Rs 25.79 Crore Tax Demand Raised Against Uniparts India Ltd for AY 2024-25