News

Former SBI branch manager Ajay Kumar Gaur has been sentenced to four years in prison and fined Rs 90,000 in a bribery case involving a Rs 10 lakh personal loan.

Former SBI Branch Manager Convicted in Bribery Case, Sentenced to 4 Years in Jail

Judgement

The ITAT Mumbai held reassessment for AY 2019-20 cannot be sustained where Section 148 notice is issued beyond Three Years 



ITAT Holds Notice Under Section 148 As Time-Barred for Escaped Income Below Rs. 50 Lakh

The ITAT Kolkata Holds Share subscribers’ identity, creditworthiness and genuineness established through documentary evidence.


 ITAT Holds No Section 14A Disallowance Without Exempt Income

ITAT remands a Rs 9.28 crore tax dispute to CIT(A) for fresh consideration of property capital gains, acquisition cost and Section 54 deduction claims.

ITAT Sends Rs 28 Crore Tax Addition Back to CIT(A), Directs Fresh Examination of Property Capital Gains and Section 54 Claim

Nuvoco Vistas’ wholly owned subsidiary NU Vista Limited has received a Rs 15.41 crore GST SCN over proposed ITC denial and output tax adjustments.

GST Authorities Propose Rs 15.41 Crore Demand Against Nuvoco Vistas’ Subsidiary Over ITC, Credit Notes

Tata Steel has secured interim protection from coercive action after the Ministry of Coal admitted its revision against the Rs 1,755.10 crore demand for alleged excess coal extraction.

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Former SBI Branch Manager Convicted in Bribery Case, Sentenced to 4 Years in Jail

ITAT Holds Notice Under Section 148 As Time-Barred for Escaped Income Below Rs. 50 Lakh

ITAT Holds No Section 14A Disallowance Without Exempt Income

ITAT Sends Rs 28 Crore Tax Addition Back to CIT(A), Directs Fresh Examination of Property Capital Gains and Section 54 Claim

GST Authorities Propose Rs 15.41 Crore Demand Against Nuvoco Vistas’ Subsidiary Over ITC, Credit Notes

Tata Steel Limited Secures Relief Rs 1,755.10 Crore GST Demand Raised Over Alleged Excess Coal Extraction