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Already existing remedy, ground to dismiss Writ? Suprem...

Dismiss Writ

The Supreme Court of India pronounced a judgement on 1st February 2023 in the case titled “M/s. Godrej Sara Lee Ltd. v. The Excise and Taxation Officer C...

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ITAT

ITAT Denies Exemption under Section 10 (38) For Bogus S...

ITAT Denies Exemption under Section 10 (38) For Bogus Share Transactions

The Pune Income Tax Appellate tribunal in the Case of Abhishek Ashok Lohade vs ITO 2022 has ruled that where the assessee is unable to prove to the court t...

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ITAT

SC’s Recent Judgment on Revaluation of Capital Assets...

SC’s Recent Judgment on Revaluation of Capital Assets

The Supreme Court's decision, with Justices M.R. Shah and M.M. Sundresh sitting on the divisional bench, ruled that Section 45(4) of the Income Tax Act app...

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ITAT

Legal Expenses Allowed As Business Expenditure under Se...

Legal Expenses Allowed As Business Expenditure under Section 37 of IT Act

The Chennai Income Tax appellate tribunal in the case of Kalaignar TV (P.) Ltd. v. Assistant Commissioner of Income-tax 2022 has remanded the matter back t...

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ITAT

Premium on Redemption of Preference Shares Is Not Accru...

Premium on Redemption of Preference Shares Is Not Accruable Interest

The Bangalore Income tax appellate tribunal, while allowing the appeal of the appellant in the case Enzen Global Solutions (P.) Ltd. v. Income Tax Officer...

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