Hon’ble Delhi High Court in the case of Haryana Acrylic Manufacturing Co. Vs. CIT had held that when the reasons supplied to ...

ITAT Delhi held that CPC wrongly processed return by considering due date as 5 th August instead of 31 st October. Accordingly, interest charged under section 234A of the Income Tax Act deleted and ...

Delhi High Court held that passing of order without considering the contention of the assessee that entity that is ...

Delhi High Court held that putting together a structure of plywood sheets cannot be construed as constructing a residential ...

Demand cannot be raised solely based on the oral statement of witness without any further evidence or corroboration ...

Mergers and acquisitions are powerful strategies that can transform businesses and drive growth in an increasingly competitive global market. As companies continue to seek ways to enhance their ...

ITAT Chennai held that CIT (A) rightly deleted the addition under section 69C of the Income Tax Act towards trade creditors since assessee clearly established the trade creditors payable was ...

ITAT Ahmedabad held that addition towards entire cash deposits during demonetization period by passing ex-parte order due to non-compliance by assessee without examining on merits unjustified.

The court referred to the Supreme Court’s judgment in CCE v. Hari Chand Shri Gopal (2011), which elaborated on the doctrine of substantial compliance. The doctrine allows for flexibility in cases ...

1- Transfer all provisions of Exempt Incomes under Income Tax Act to the Deductions from Gross Total Income reported in the Financial Year, it will ensure that all incomes, receipts, payments, ...

Summary: GSTR 9 and GSTR 9C are crucial components of GST compliance, consolidating annual business transactions and ...

ITAT Delhi held that addition under section 69 of the Income Tax Act on protective basis not justified since assessee established genuineness of transaction and creditworthiness of entity from which ...