The Competition Commission of India (CCI) has dismissed a complaint filed by Airen Metals Private Limited (AMPL) and Airen ...

The AO, noting the lack of satisfactory documentary evidence from the assessee regarding the source of these deposits, concluded that the entire Rs. 10,80,000 was unexplained income. This amount was ...

The AR contended that these precedents firmly established that such charges, arising from contractual obligations rather than breaches of law, are compensatory and thus deductible business ...

Kolkata, in a recent ruling, overturned the decision of the Commissioner of Income Tax (Appeals) and the Assessing Officer, allowing Farseen Rubber Industries Limited to claim a deduction of Rs. 1 ...

Despite challenges, MAT has stood the test of time — adapting to reforms, responding to investor concerns, and plugging loopholes. It’s now a key pillar of India’s corporate tax framework, ensuring ...

Calcutta High Court has dismissed an appeal filed by the revenue, challenging an order from the Income Tax Appellate Tribunal (ITAT) concerning an assessment for the financial year 2012-13. The case, ...

Kerala High Court has quashed demands for late fees levied under of the Income Tax Act, 1961, for the period between 2012-13 and 2014-15, ruling that the provision for levying such fees through ...

Madras High Court has dismissed an appeal filed by the Income Tax Department (Revenue) concerning the set-off of brought forward business losses against capital gains arising from the sale of a ...

Public/investors are cautioned to verify communication purported to have been issued by SEBI in the above manner from the SEBI website. Investors are advised to be vigilant while dealing with ...

Gujarat High Court Sets Aside Reassessment Notice Based on Factual Error ...

The Madras High Court has invalidated a reassessment notice issued by the Income Tax Department to Asianet Star Communications Private Limited (formerly Asianet Communications Private Limited) for the ...

Subject: Mandatory Submission of Closure Report on expiry of FSSAI License/ Registration-reg.