NCLT admitted a Section 7 IBC petition by 125 investors after finding default on assured returns under an illegal investment ...

Nagpur ITAT remanded Vijay Peshane's appeal to the CIT(A) for fresh review of addition under Section 6a9A. The assessee ...

The Tribunal sent the case back to the Assessing Officer after finding that documents proving investment sources and expenses ...

(8) In case of any contravention of the provisions of section 177 and this section, the company shall be liable to a penalty ...

While nations chase Mars and AI glory, China has quietly secured 90% control over refined rare earths—the core of all modern ...

ITAT Mumbai sends a lakh partner remuneration disallowance case back to AO for re-verification. The disallowance hinged on classifying property sale profit as capital ...

Bombay High Court condones 81-day delay by Institute of Actuaries of India in filing Form 10BB, holding denial of exemption unjust for minor procedural ...

The High Court chose not to examine the merits of the underlying tax dispute, the validity of the initial Show Cause Notice, or the ITC claim discrepancy. Instead, the Court focused on the procedural ...

The Karnataka High Court dismissed the Revenue's appeal, ruling that the definition of tax arrear under the Direct Tax Vivad Se Vishwas Act, 2020, explicitly covers interest charged under Sections ...

The ITAT Mumbai set aside a reassessment for A.Y. 2017-18, ruling that the mandatory prior approval for a notice issued after three years must come from the PCCIT, not the PCIT. Citing Bombay HC ...

Tribunal held that CIT(A) deleted bad debt disallowance without verifying Section 36(2) compliance. Case remanded to AO for fresh adjudication after granting assessee fair ...

The ITAT Pune set aside the rejection of ZLS Foundation's S.12AB charitable registration application, ruling that the CIT(E) must provide a final opportunity to address specific defects (like lack of ...