Judgement

Reassessment set aside as seized register entries and third-party statements failed to establish any nexus with the assessee or alleged “on-money” payment.

No Direct Link, No Reopening: High Court Quashes Income Tax Reassessment Based on Broker’s Loose Papers

High Court holds that where travel agents have paid tax, airlines cannot be asked to pay TDS again and are liable only for interest

Old TDS Dispute Settled: Delhi HC Limits Airline’s Liability to Interest Only

News

Shriram Finance has stated that there is no significant impact of the penalty order on the financial, operations or any other activities of the company.

Shriram Finance Faces GST Penalty due to disallowance of ITC on reverse charge mechanism payments

ITAT accepts “impossibility of performance” for minor PF delay and follows Bombay HC to grant treaty relief on dividend distribution tax

One-Day PF Delay Due to Tech Glitch Allowed; Excess DDT on UK Dividends Refundable

Tribunal holds Supreme Court’s Checkmate ruling applies retrospectively and validates adjustments made under Section 143(1)(a)

ITAT Upholds CPC Disallowance of Delayed PF & ESI Contributions Despite Pre-Return Payment

Court reiterates that GST is not payable on transfer of leasehold rights in land and orders refund within two weeks

Explore Our Blogs

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

No Direct Link, No Reopening: High Court Quashes Income Tax Reassessment Based on Broker’s Loose Papers

Old TDS Dispute Settled: Delhi HC Limits Airline’s Liability to Interest Only

Shriram Finance Faces GST Penalty due to disallowance of ITC on reverse charge mechanism payments

One-Day PF Delay Due to Tech Glitch Allowed; Excess DDT on UK Dividends Refundable

ITAT Upholds CPC Disallowance of Delayed PF & ESI Contributions Despite Pre-Return Payment

Gujarat High Court Directs GST Refund on Leasehold Transfer, Warns of Costs for Delay