Judgement

The Tribunal observed that the amendment to Section 54, was applicable from AY 2015-16 onwards, as mentioned in the CBDT Circular No. 01/2015 dated 21 January 2015.

Section 54 Deduction Can Be Claimed for Property Purchased Abroad Before AY 2015-16: ITAT

Press Release

The Credit Guarantee Scheme for Exporters will support businesses with 100% credit guarantee through NCGTC.

Cabinet Approves Credit Guarantee Scheme for Exporters to Boost India’s Export Growth

SC settles a century-old Kuruba sects feud in Andhra Pradesh, holding that the 1933 compromise decree over temple idols of Lord Sangalappa Swamy was never acted upon and thus not enforceable.

Supreme Court Upholds High Court Order, Dismisses 90-Year-Old Temple Idol Dispute

SC pholds life imprisonment of Shivkumar for raping a Dalit minor under POCSO and SC/ST Acts; criticizes misuse of hostile witness provision and affirms presumption of caste knowledge.

SC Upholds Life Sentence in POCSO & SC/ST Case Victim’s Testimony, Medical & Caste Proof Found Conclusive

As the AO did not conduct further verification, the Tribunal found no reason for treating the credit as unexplained.

ITAT Finds No Unexplained Credit After Loan Repayment Made to Lender's Creditors

The Tribunal held that CIT(A) is incorrect in sustaining the assessment. The Tribunal said that such notices must be sent to the correct person and not a deceased person

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Section 54 Deduction Can Be Claimed for Property Purchased Abroad Before AY 2015-16: ITAT

Cabinet Approves Credit Guarantee Scheme for Exporters to Boost India’s Export Growth

Supreme Court Upholds High Court Order, Dismisses 90-Year-Old Temple Idol Dispute

SC Upholds Life Sentence in POCSO & SC/ST Case Victim’s Testimony, Medical & Caste Proof Found Conclusive

ITAT Finds No Unexplained Credit After Loan Repayment Made to Lender's Creditors

ITAT Sets Aside Assessment Orders Issued Against Deceased Person