Conclusion: Since there was a failure in complying with the requirements of Regulation 17 (5) of the Customs Broker Licensing ...

Conclusion: Where AO failed to issue a notice under Section 143 (2) and proceed directly by rejecting the return filed by assessee, the reassessment action would thus be liable to be quashed.

Delhi High Court held that that there was no justification for the respondents to issue notices afresh seeking to reopen the proceedings which had been concluded prior to the judgment passed in Ashish ...

ITAT Chennai held that no findings have been rendered on various documentary evidences furnished by the assessee. Accordingly, matter restored in view of violation of the principle of natural justice.

Rajasthan High Court held that addition on account of bogus accommodation entries merely based on admission of assessee in ...

ITAT Delhi held that the onus is always on the assessee to substantiate with evidence to the satisfaction of the AO regarding the identity and credit worthiness of the loan creditor and genuineness of ...

Stress is a common problem seen in people nowadays and especially in last 2 decades it has risen disproportionately due to ...

Madras High Court directed provisional release of Second-hand Highly Specialized Equipment – Digital Multifunction Print, Copying & Scanning Machines imported prior to notification no. 13/2024-2025 on ...

Madras High Court held that lease rent received from letting out property in industrial park is chargeable to tax under the ...

ITAT Pune held that exemption under section 54F of the Income Tax Act entirely allowed as entire amount re-invested by the assessee and name of the son taken only as a proforma purchaser. Facts- The ...

In the case of Tata Sons Pvt. Ltd. Vs DCIT, the Income Tax Appellate Tribunal (ITAT) Mumbai addressed the issue of incorrect interest calculation on refunds for the assessment year 1993-94. Tata Sons, ...

This webinar is essential for anyone involved in tax management, finance, or audit. With Budget 2024 bringing new amendments, ...