Section 12AB Registration Cannot Be Denied Over Loans to Related Parties: Delhi ITAT
ITAT directed renewal of Section 12AB registration, holding that loans to related parties cannot justify denial where charitable activities were not disputed.
Delhi HC Quashes Section 270A Penalty After ITAT Sets Aside Assessment Order
ITAT Deletes NCDEX Margin Charges, Interest Disallowance Made on Estimated Basis
Service Tax Dues of Deceased Sole Proprietor Not Recoverable from Legal Heirs: Chhattisgarh HC
Orissa HC Directs Consideration of GST Registration Revocation After Payment of Dues
Grey Market Purchases Attract Only Profit Addition, Not Full Disallowance: ITAT Chandigarh
Gold Bullion Addition Sustained as Assessee Explained Jewellery, Not Gold Bars: Delhi HC
Appraisal Report Alone Insufficient for Section 69 On-Money Addition: Ahmedabad ITAT
ITAT Kolkata Allows Section 80IE Deduction Despite Belated Filing of Form 10CCB
Papad Khar Classifiable Under HSN 28362090, Attracts 18% GST: Gujarat AAR
18% GST Applicable on Offset Printing Job Work on Paper: AAR Gujarat
Laundry Soap Classifiable Under HSN 34011942, Attracts 18% GST: Gujarat AAR
Ophthalmic Surgical Microscope Classifiable Under HSN 9018, Eligible for 5% GST: AAR Gujarat
NCLT Rejects Section 9 Plea Due to Pre-Existing Dispute Over Service Deficiencies
Karnataka HC Declines to Quash DRT Recovery Notice for Loan Recovery
Rental Income Not Part of Loss of Dependency in MACT Claims: Karnataka HC
Calcutta HC Seeks Details of Divorce Settlement Before Releasing Freedom Fighter Family Pension
SC Upholds CESTAT Order Rejecting Customs Demand Based on Uncertified Electronic Evidence
Managing Partner Liable for Customs Penalty Despite Penalty on Firm: CESTAT Hyderabad
Finance Ministry Continues Anti-Dumping Duty on Phthalic Anhydride from China & Korea
CESTAT Awards 12% Interest on Refund of Investigation Deposit, Rejects 6% Rate
Corporate Laws Amendment Bill 2026 Proposes New Section 88(2A) on Trust Entries: FAQs
ROC Chennai Imposes ₹7 Lakh Penalty on Port City Nidhi for NRC Composition Default
ROC Imposes ₹4.09 Lakh Penalty on Space Link Consultancy for Financial Statement Filing Default
ROC Delhi Imposes ₹5.5 Crore Penalty on Hindustan Coca-Cola Holdings for Section 42 Violation
Revenue Appeal Not Maintainable During IBC Moratorium: Delhi ITAT
ITAT held the Revenue's income tax appeal was not maintainable during the IBC moratorium, as proceedings against the corporate debtor were barred.
Section 56(2)(viib) Addition Fails Where Share Premium Is Below DCF-Based FMV: Delhi ITAT
ITAT deleted the Section 56(2)(viib) share premium addition, holding that DCF valuation was valid and the entire premium could not be taxed without determining…
GSTAT Orders Anuhar Homes to Pass ₹95.14 Lakh ITC Benefit to Morning Raaga Homebuyers
GSTAT upheld DGAP findings that additional ITC benefit was not passed to homebuyers, directing refund of profiteered amount with interest under Section 171.
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty &…
Adv Akruti Goyal, a practicing CA handling GST compliance from 2015-2021. Qualified as a lawyer in…
