Tax Guru20m
Assam VAT: Gauhati High Court Allows Fresh Hearing Upon Pre-Deposit
The Gauhati High Court addressed the appeal of Megha Assam Pvt. Ltd. and another petitioner, who challenged their tax ...
Tax Guru57m
KPO Service Provider Not Comparable to ITES for Transfer Pricing Benchmarking
The Delhi High Court upheld the ITAT’s decision, reinforcing that KPO companies, despite being part of the broader ITES ...
Tax Guru1h
Allahabad HC Remands Appeal Over Non-Disclosure of New GST Registration
Allahabad High Court recently ruled on the appeal filed by Genius Ortho Industries against an earlier decision dismissing its ...
Tax Guru1h
Madras HC Directs Decision on Income Tax Compounding Application in 4 Weeks
Despite this, the compounding application was not reviewed or disposed of by the authorities. The Madras High Court, upon ...
Tax Guru1h
Madras HC quashes adverse GST Order for Non-Appearance, Directs Reconsideration
Madras High Court has quashed a GST assessment order issued to Umesh Electricals due to the petitioner’s failure to appear ...
Tax Guru2h
Beneficial Ownership Disclosure Requirements for Companies
Summary: Therefore, unless a private company chooses to appoint a KMP or a company secretary, or is required to appoint a ...
Tax Guru2h
Why Income Tax Notices for Additional Tax on Capital Gains?
Taxpayers receiving income tax notices for additional tax on capital gains due to changes in Section 87A interpretation, ...
Tax Guru6h
NOF Default: Delhi HC Orders RBI to Reconsider NBFC Registration Cancellation
In the case of RBG Leasing And Credit Limited Vs Reserve Bank of India & Anr., the Delhi High Court addressed the ...
Tax Guru7m
Section 80P deduction on Income from Loan to nominal / associate member: ITAT Remands case to CIT(A)
Section 80P deduction on Income from Loan to nominal / associate member: ITAT Remands Decision to CIT(A) for Fresh Review. T ...
Tax Guru4m
No Section 68 Addition in Partnership Firm for Partners’ Capital Accounts: ITAT Ahmedabad
The Income Tax Appellate Tribunal (ITAT) Ahmedabad dismissed the appeal filed by the Revenue against the order of the Commissioner o ...
Tax Guru33m
Email Notices Despite Request for Physical Notices: ITAT Sets aside CIT(A)’s Ex Parte Order
After the AO’s order, Luv Procon filed an appeal with the CIT (A), but this was dismissed on the grounds of delay and lack of opportunity for a hearing. In the current appeal before the ITAT, Luv ...
Tax Guru26m
Goods classified under CTH 6304 as can be sold in market as bed sheet: CESTAT Kolkata
CESTAT Kolkata held that keeping in view the common parlance usage of material as bed sheets and the same can be sold in market as bed sheet, the goods are classified under Customs Tariff Heading 6304 ...