In a recent judgement, the Delhi High Court refused to grant bail to the director of Shakti Bhog in a Money laundering case. Tarun Kumar, the applicant has been charged under section 13(2) read with
In a recent order of Madras High Court has held that, the Deputy Commercial Tax Officer does not have jurisdiction to cancel eligibility certificate under the Sales Tax waiver scheme. The petitioner M/s.Padmashri Oil Refineries
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) restored to the Assessing Officer the case where the taxpayer, earning interest and dividend income from investments with a co-operative society, was entitled
The Supreme Court of India refused to grant bail on the economic offence of diversion of crores of loan amount to shell companies based on fake bills generated without any genuine business transaction. Tarun Kumar,
The Karnataka High Court while remitting the matter back to the Single Judge Bench quashed the order imposing tax and penalty equal to 100% on areca nut for the release of detained goods and conveyances
The Income Tax Appellate Tribunal (ITAT) Chennai on February 8 ruled that license fee received by an assessee for licensing a fully furnished hotel along with a license to run the hotel is a business
Introduction:- Authority and power to conduct search and seizure operations is strident and caustic power authorized by law to be taken recourse to when the conditions mentioned under different clauses of Section 132 (1) of
In another petition on GST filed by Satyendra Goods Transport Corp, the Allahabad High Court held that T.D.F. forms are not required to be carried as the Central Government, who is the only authority empowered
This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from September 26 to October 2, 2022. SUMAN JEET AGARWAL vs INCOME
Recently, a writ petition was filed before the Madras High Court, in which the petitioner sought a declaration that Section 35F of the Central Excise Act, 1944 read with Section 83 of the Finance Act,
The two-judge bench of the Supreme Court of India today categorically held that the post-sale discounts granted by the dealer/manufacturer by issuing credit notes are eligible for deduction under the provisions of the Karnataka Value
In a recent ruling, a Division Bench of the Delhi High Court has urged the Central Government to expedite the implementation of National Litigation Policy. The Bench of Chief Justice Satish Chanfra Sharma and Justice
A PIL has been filed before the Bombay High Court against the Government’s decision to waive off entertainment duty on the upcoming coldplay concert by the British rock band which is scheduled to be held
TDS Deductible from LTC for Foreign Travel of SBI Employees In State Bank of India vs Assistant Commissioner of Income Tax, a division bench of the Supreme Court headed by Chief Justice Uday Umesh Lalit
Tax Deduction U/s 80G of Income Tax Act Allowable on Donation received by Public Trust for Recycling Plastic Waste: ITAT Huhtamaki Foundation vs. Commissioner of Income Tax CITATION: 2023 TAXSCAN (ITAT) 2686 The Mumbai Bench of