The Court set aside the Section 197 order holding that distribution fees were treated as royalty without concrete reasoning.

The High Court dismissed the appeal holding that stock statements forming the basis of overdraft drawing power could not be ...

The Court ruled that issuing a common notice for different financial years violates established precedent, though fresh ...

The High Court denied bail, citing the applicant’s significant and instrumental role in the alleged bribery conspiracy. Prior ...

The Tribunal ruled that mere circulation of funds among group entities does not prove round-tripping unless supported by cogent evidence. Suspicion alone cannot justify addition under Section ...

The Tribunal ruled that rectification proceedings under Section 154 are limited to correcting apparent mistakes and cannot be a vehicle to dispute original additions. The appeal was therefore rightly ...

The Authority held that a car window guide rail is not a machine part under 8479 but a motor vehicle body component under ...

Explains new UAE corporate tax guidance on family foundations, transparency rules, investment activity limits and compliance ...

CAAR refused to entertain the advance ruling application, holding that classification of roasted areca nuts under Heading ...

Sections 4, 5, and 14, together provides the legislative framework for imposing the income tax, identifying the extent of ...

ITAT Mumbai held that reassessment beyond three years is invalid if approval is not obtained from the specified higher authority under Section 151(ii). The notice under Section 148 was declared void ...

The Tribunal held that failure of the Assessing Officer to verify genuineness of a ₹30 lakh donation under Section 80GGC rendered the assessment erroneous and prejudicial to revenue, justifying ...