ITAT Kolkata held that CIT (A) rightly deleted addition under section 68 of the Income Tax Act since identity and ...

In a recent ruling Hon’ble Madras HC set aside the order after observing that Demand Order and other notices including DRC-01 ...

ITAT Kolkata held that undisclosed commission income on accommodation entries to be added @0.15% instead of 1%. Accordingly, ...

Madras High Court directed petitioner to deposit 25% of the disputed taxes for granting an opportunity of being heard since ...

3. It appears, petitioner filed reply to the show cause by GST DRC-06 on 2 nd November, 2023. Impugned order was made ...

The Tribunal noted that the classification proposed by the investigating agency should not have been imposed without ...

The Patna High Court agreed with the petitioner’s stance, acknowledging the absence of a personal hearing as a violation of ...

On perusal of the said order, it is seen that the order is passed by TPO on the name and PAN of M/s Cairn India Ltd. which in non­existence entity and the M/s Cairn India is now merged with the M/s ...

Supreme Court granted bail to women who is accused in complaint filed u/s. 44 of the Prevention of Money Laundering Act, 2002 since there is no possibility of the trial concluding in near future.

Conclusion: Bank was justified in initiating insolvency proceedings against the personal guarantor by timely filing and proper authorization under section 95. Moreso, deed of guarantee was a ...

ITAT Kolkata held that the surcharge is leviable only when the amount of income tax is computed where the total income exceeds Rs.50 lakhs. Here, surcharge is not leviable since income is less than Rs ...

Before ITAT was submitted that assessee was not provided with sufficient opportunity before AO to furnish the details. Considering the submission ITAT remanded back the matter to AO.