Judgement

ITAT condoned a 58-day delay caused by consultant negligence and remanded the Rs 92.67 crore addition case for fresh adjudication, citing violation of natural justice.

ITAT Sets Aside Rs 92.67 Crore Income Tax Addition for Violation of Natural Justice

News

V-Guard Industries Limited received a GST show cause notice over an alleged excess ITC claim for FY21–FY24, which it plans to contest.

V-Guard Industries Receives GST Show Cause Notice Over Alleged Excess ITC Claim

Articles

Muthoot Finance proposed amending its MoA to enter insurance distribution, planned services under IRDAI rules, aimed to expand offerings and create new revenue streams for future growth.

Muthoot Finance Plans Entry into Insurance Distribution Sector

ITAT restored the appeal, ruling that CIT(A) cannot dismiss an appeal solely for non-prosecution and must decide it on merits.

Income Tax: ITAT condones delay of 400 days in filing appeal, imposes cost on Taxpayer

The High Court granted bail to Santosh Wadhwani in an alleged Rs 12 crore fake ITC fraud case, citing largely documentary evidence and completion of investigation.

High Court Grants Bail to 49-Year-Old Accused in Rs 11.44 Crore Fake ITC Fraud Case

ITAT allows actuarial employee benefit provisions and deletes major expense disallowances based on TDS grounds.

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ITAT Sets Aside Rs 92.67 Crore Income Tax Addition for Violation of Natural Justice

V-Guard Industries Receives GST Show Cause Notice Over Alleged Excess ITC Claim

Muthoot Finance Plans Entry into Insurance Distribution Sector

Income Tax: ITAT condones delay of 400 days in filing appeal, imposes cost on Taxpayer

High Court Grants Bail to 49-Year-Old Accused in Rs 11.44 Crore Fake ITC Fraud Case

ITAT Allows Actuarial Employee Benefit Provision; Deletes TDS-Based Disallowances