Bombay High Court Upholds Tata Steel's Classification Of Rs. 212.52 Crore CAF Contribution As Revenue Expenditure The Bombay High Court has ruled in favour of Tata Steel, affirming its right to...
Kolkata ITAT Grants Benefits To Primary Agricultural Credit Societies Under Section 80P(2)(i) Of The IT Act The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that primary...
ITAT: Manual Cash Book Entries Deemed Non-Incriminating Material For Section 153A IT Act The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the manual cash book includes...
Calcutta High Court Rules In Favour Of JSW Paints: Use Of 'Silk' As Paint Finish Not Infringement Of Berger's Trademark Calcutta High Court has affirmed a ruling by a single bench stating that the...
AO Failed to Verify Genuineness and Creditworthiness of Transactions: Delhi High Court The Delhi High Court bench, comprising Justices Yashwant Varma and Purushaindra Kumar Kaurav, concluded that the...
Delhi High Court Mandates ITAT to Rectify Manifest Errors on Record by Recalling Orders under Section 254 It Act The Delhi High Court dismissed the appeal filed by the Revenue, citing an 86-day delay...
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 Disapproves Arbitrary 'Pick-And-Choose' Method for Rejecting Entries in Books of Account The Delhi High Court has ruled that rejecting entries from accounting books using...
Bombay High Court: Share Premium from Share Issuance Is Capital, Does Not Constitute Income The Bombay High Court has ruled that the share premium obtained from share issuance is categorized under...
ITAT: Possession of Transport Vehicles Sufficient for Section 194C TDS Exemption, Legal Ownership Not Mandatory The Jodhpur Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the...
Bombay High Court: Interest Paid On A Loan Taken To Invest In Shares Of A Subsidiary As Part Of Regular Business Activities Is Allowable Expenditure The Bombay High Court has ruled that when an...
ITAT: Stamp Value As On The Date Of Agreement Of Sale, To Be Considered For The Applicability Of Section 56(2)(Vii)(B) Of The Income Tax Act The Income Tax Appellate Tribunal (ITAT) Delhi Bench has...
