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ICICI Prudential Life’s appeal against a Rs 3.75 crore GST demand has been dismissed, with the company planning to further challenge the order.

Commissioner (Appeals) Upholds Rs 3.75 Crore GST Demand Against ICICI Prudential Life; Further Challenge Planned

Judgement

ITAT deleted a Rs 20.65 lakh ad hoc commission disallowance, holding that estimation alone cannot justify an addition without identifying any bogus or non-business payment.

ITAT Deletes Rs 20.65 Lakh Commission Disallowance, Rules AO Cannot Disallow Commission Expenses Merely on Estimation

ITAT deletes Section 56(2)(vii)(b) addition, holding that the 6.2% difference between the stamp duty value and actual property purchase price falls within the permissible 10% tolerance limit.

ITAT Deletes Section 56(2)(vii)(b) Addition on Property Purchase, Holds Property Price Difference Within 10% Tolerance Limit

ITAT set aside the CIT(A) order, giving the taxpayer a fresh opportunity to explain the source of the Rs 20.90 lakh property investment.

Rs 20.90 Lakh Property Investment Dispute: ITAT Pune Sets Aside CIT(A) Order, Gives Taxpayer Fresh Chance to Prove Source

RTCA requests income tax authorities to extend the due date for furnishing Tax Audit Reports and Forms 10B/10BB for Assessment Year (AY) 2026-27 to October 31, 2026.

RTCA Urges Government to Extend Due Date for Filing Tax Audit Reports and Forms 10B/10BB for AY 2026-27 Until Oct 31

The CBI Court in Ahmedabad has convicted Kushal Diamonds Ltd. and two of its directors in a criminal conspiracy and cheating case involving financial assistance from NSIC.

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Commissioner (Appeals) Upholds Rs 3.75 Crore GST Demand Against ICICI Prudential Life; Further Challenge Planned

ITAT Deletes Rs 20.65 Lakh Commission Disallowance, Rules AO Cannot Disallow Commission Expenses Merely on Estimation

ITAT Deletes Section 56(2)(vii)(b) Addition on Property Purchase, Holds Property Price Difference Within 10% Tolerance Limit

Rs 20.90 Lakh Property Investment Dispute: ITAT Pune Sets Aside CIT(A) Order, Gives Taxpayer Fresh Chance to Prove Source

RTCA Urges Government to Extend Due Date for Filing Tax Audit Reports and Forms 10B/10BB for AY 2026-27 Until Oct 31

CBI Court Convicts Private Company and Two Directors in Criminal Conspiracy and Cheating Case