ITAT Delhi held that doubting the whole transaction of sale of shares as sham transaction merely on the basis of discrepancy in the record maintained by ROC not justifiable. Accordingly, appeal ...

ITAT Mumbai held that no addition can be made on the ground that notices issued u/s 133(6) of the Act were not replied. Accordingly, deletion of addition by CIT(A) is justified and appeal of ...

Gujarat High Court held that in view of the retrospective amendment u/s. 112(1)(c)(iii) of the Income Tax Act the assessee is eligible to pay tax at lower rate @10% instead of 20% on sale of unlisted ...

Bombay High Court held that that the stage which has been contemplated under Section 44(1)(c) of the Prevention of Money Laundering Act, 2002 [PMLA, 2002] will be after the jurisdictional Court has ...

Learn about active income tax refund scams, how to identify fake emails, and essential steps to protect your financial ...

Avoid rejection of 12AB / 80G applications. Understand relevant sub-clauses, registration types, and recent amendments for ...

Learn how Section 54F can help you save tax on long-term capital gains from assets like land or gold by investing in a ...

An ICAI disciplinary committee removed a CA from the register for 90 days and fined him Rs. 20,000 for gross negligence and false declarations in incorporating 15 companies and LLPs with fabricated ...

Gujarat High Court confirms GST ITC reversal for R V Enterprises due to non-genuine supplier and unpaid tax, quashing penalty over procedural ...

J&K&L High Court rules that calling for Jammu and Kashmir's secession as 'occupied territory' is 'unlawful activity' under UAPA, restoring charges in a key ...

ITAT Pune rules unregistered trusts are taxed only on net income, not gross, even with ITR filing errors, emphasizing substantive ...

ICAI Disciplinary Committee orders removal from register and fine for CA Rahul Chillal due to negligence in verifying company incorporation documents and registered ...