Judgement

ITAT deletes Rs.22.35 crore AMP transfer pricing adjustment, holding that Bright Line Test has no statutory basis and is rejected by High Court.

ITAT Delhi Rejects Bright Line Test; Deletes Rs. 22.35 Crore AMP Adjustment in Swatch India Case

Orders

ROC penalised a company and its directors for failing to disclose a director’s change in designation in the annual return.

ROC Delhi Imposes Penalties for Non-Disclosure of Director Designation Change

HC refuses to quash GST show-cause notice, directing authorities to share all evidence with the taxpayer before proceeding.

Allahabad HC Declines to Quash GST SCN, Directs Department to Share Evidence with Taxpayer

High Court quashes Section 148 notices issued to non-searched persons, holding that search-based material must be assessed only under Section 153C.

High Court Quashes Reassessment Notices Issued to Non-Searched Persons Using Search Material

The Court upheld the decision of ITAT that for a transaction to be a business income, there must be regularity, frequency, volume and continuity.

Profit from Sale of Land Should Be Taxed as Capital Gains, Not Business Income: Madras HC

ITAT Delhi upholds CIT(A)’s deletion of multiple additions in Omax Autos Ltd. case, holding Rule 46A objections unsustainable where AO verified evidence in remand.

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ITAT Delhi Rejects Bright Line Test; Deletes Rs. 22.35 Crore AMP Adjustment in Swatch India Case

ROC Delhi Imposes Penalties for Non-Disclosure of Director Designation Change

Allahabad HC Declines to Quash GST SCN, Directs Department to Share Evidence with Taxpayer

High Court Quashes Reassessment Notices Issued to Non-Searched Persons Using Search Material

Profit from Sale of Land Should Be Taxed as Capital Gains, Not Business Income: Madras HC

ITAT Dismisses Revenue Appeal; Rule 46A Objection Fails After Remand Verification