Mumbai ITAT allows deduction for professional fees / merchant banking fees paid to PwC and other financial advisors for conducting financial and legal due diligence during AY 2008-09, observes that
Andhra Pradesh and Telangana HC confirms ITAT order to uphold Sec 68 addition for gifts received by assessee-invidual from his father-in-law for AY 2005-06, rejects assessee's reliance on co-ordinate bench
Agra ITAT allows Sec. 89 relief to assessee-employee with respect to arrears received in lieu of employer's contribution to an approved superannuation fund [taxable as perquisite u/s. 17(2)(vii)] during AY
Chennai ITAT upholds capital gains taxability for assessee-firm (land-owner) in AY 2013-14 i.e the year in which the unregistered JDA was executed coupled with the two registered General Power of Attorneys
Madras HC reverses ITAT order for AYs 2003-04 & 2004-05, holds that the process of putting mushroom powder into capsule amounts to manufacture or production eligible for deduction u/s 80IB;
SC clarifies that CBDT’s office memorandum (‘OM’) dated July 31, 2017 regarding stay of demand does not interfere with AO’s power to grant stay on deposit of a lesser amount,
Madras HC sets aside CIT’s order directing Kaliagnar TV (‘assessee’) to pay 20% demand as a condition precedent for staying demand of approx. Rs. 90 cr for AYs 2009-10 and
Calcutta HC upholds ITAT order, rejects Revenue’s stand that since possession of land owned by assessee-company was made over to developer pursuant to development agreement (‘DA’) dated February, 2007, capital
Ahmedabad ITAT rules that assessee (a Pharma co.) entitled to go in appeal before CIT(A) u/s. 248 despite not being called upon to withhold TDS u/s. 195 on foreign remittances made
