Issue: Whether a society engaged in promoting technology business incubators and raising funds for start-ups can be ...

In light of the legal precedent and the facts of the case, the Allahabad High Court quashed the impugned order for ...

This appeal has been filed by the Assessee against the order passed by the Ld. Commissioner of Income Tax (Exemption), (in short “Ld. CIT (E)”), Ahmedabad vide order dated 28.08.2024. 2. The assessee ...

Briefly stated, the Bench states in para 19 that, “The Trial Court took the view that the extra-judicial confession alleged to have been by the appellant – herein before (PW 2) could not be said to be ...

ITAT Agra held that matter of levying penalty u/s. 271 (1) (c) of the Income Tax Act restored back to file of AO since Tribunal restored matter of addition towards unexplained cash deposit for ...

In conclusion, the ITAT Mumbai’s decision in Bharat Vanmalibhai Modiya Vs. ITO highlights the legal principle that penalty proceedings cannot survive if the assessment order is invalidated.

This decision reaffirms that tax liabilities should be imposed on the company itself rather than its employees, unless explicitly provided by law. The ruling provides clarity on the extent of ...

ITO pertains to the addition of ₹1.10 crore as unexplained income under Section 69A read with Section 115BBE of the Income Tax Act. During the demonetization period, the assessee had deposited ...

The court reinforced that indirect taxes cannot be imposed on duty-free shops as they function beyond Indian customs limits.

By the impugned order dated 21.02.2018, penalty has been imposed with respect to the goods being transported without e-way ...

Delhi analyzed the classification of the “Rear Camera Integrated Module Subassembly,” a critical mobile phone component ...

Applying the General Rules of Interpretation (GIR), the authority determined the Back Glass Subassembly’s classification ...