Interest on Borrowed Funds for Shares in Appellant’s Companies Ineligible for Deduction: Bombay High Court The Bombay High Court has ruled that interest paid on borrowed funds for investing in shares...
Delhi High Court: Subscription to Legal Database Does Not Amount to Transfer of Copyright under DTAA Declines to interfere with the judgment of the Income Tax Appellate Tribunal The Delhi High...
DSK Legal successfully represented a High Networth Individual before the Bombay High Court DSK Legal advised and represented a High Networth Individual (“Petitioner”) in criminal prosecution...
Delhi High Court Denies NewsClick's Stay Plea on Income Tax Demand, Questions Financial Dealings In a recent ruling, the Delhi High Court rejected online news portal NewsClick's request for a stay...
Assessee Entitled to DTVSV Act Benefit During Pendency of Prosecution Not Involving Tax Arrears: Bombay High Court The petitioner challenged the order pending before the Income Tax Appellate...
Delhi High Court: ITO Ought to refer Terms of Distributor Agreement to Ascertain the Nature of Right Conferred on Distributor Partner/ Reseller The Delhi High Court by its division bench of Justices...
Interim relief to Anil Ambani by Bombay High Court in income tax case The Reliance ADA Group chairperson was issued a notice under the Black Money Act The Bombay High Court has directed the Income...
NCLT directs IT department to remit TDS back to Precision Fasteners The ruling is expected to set a precedent in several cases where the revenue hopes to recover statutory dues from companies...
Former Finance ministry consultant probed under Official Secrets Act Ajay Shah has been accused of using government policy information to dabble in stocks The former consultant to the Ministry...
Defamation suit filed by Sandeep Kapoor and Algo Legal against Sequoia Capital The venture capital fund allegedly informed companies of investigations against the legal firm Algo Legal and its...
IT department guidelines for updating UDIN These are to be followed in conjunction with the instructions for functionality The Income Tax Department has issued procedures for updating the...
ITAT quashes penalty imposed by the IT department The tribunal cited an earlier order of the Bombay High Court The Delhi bench of the Income Tax Appellate Tribunal (ITAT)...
