Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
![Transactions are Not “Bogus” when Shares Traded on Stock Exchange after paying STT and Money Received through Banking Channels: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Transactions-Bogus-Transaction-Shares-Shares-Traded-Shares-Traded-on-Stock-Exchange-STT-Money-Received-Banking-Channels-Delhi-Highcourt-taxscan.jpg "Transactions are Not “Bogus” when Shares Traded on Stock Exchange after paying STT and Money Received through Banking Channels: Delhi HC [Read Order]")
Transactions are Not “Bogus” when Shares Traded on Stock Exchange after paying STT and Money Received through Banking Channels: Delhi HC [Read Order]
The Delhi High Court has recently set aside a notice issued to the assessee, M/s Rajat Finvest, in lieu of alleged unaccounted income in its books in...
![GST Officers cannot Take Possession of Cash found during Search: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/GST-Officers-Take-Possession-of-Cash-found-during-Search-Delhi-High-Court-Taxscan.jpg "GST Officers cannot Take Possession of Cash found during Search: Delhi HC [Read Order]")
![Gold carried in Pocket without Proper Documents Sufficient to Suspect GST Evasion: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Gold-carried-in-Pocket-Proper-Documents-Sufficient-to-Suspect-GST-Evasion-Kerala-HighCourt-taxscan.jpg "Gold carried in Pocket without Proper Documents Sufficient to Suspect GST Evasion: Kerala HC [Read Order]")
Delhi HC directs Income Tax Dept to Reconsider Taxability of Blackstone’s Investment in Agile Electric Sub-Assembly [Read Order]
A Division Bench of the Delhi High Court has recently directed the Income Tax department to reconsider the taxability of the investment made by the private equity firm Blackstone Capital Partners in...
![Delhi HC directs Income Tax Dept to Reconsider Taxability of Blackstone’s Investment in Agile Electric Sub-Assembly [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Delhi-HC-Income-Tax-Dept-Taxability-Blackstones-Investment-Agile-Electric-Sub-Assembly-TAXSCAN.jpg "Delhi HC directs Income Tax Dept to Reconsider Taxability of Blackstone’s Investment in Agile Electric Sub-Assembly [Read Order]")
VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the assessee, VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications. The...
![VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/VGA-Digital-Printers-Eligible-Bad-Debt-Reliance-Communications-ITAT-TAXSCAN.jpg "VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications: ITAT [Read Order]")
Bail Condition to Deposit of 70 Lakhs for wrongful availment of ITC based on FIR is invalid, no legal liability proven on GST Liability: Supreme Court [Read Order]
A two-judge bench of the Supreme Court has recently struck down the condition to deposit 70 Lakh Rupees, in bail granted to an accused allegedly involved in a GST scam of around 7 Crore Rupees. ...
![Bail Condition to Deposit of 70 Lakhs for wrongful availment of ITC based on FIR is invalid, no legal liability proven on GST Liability: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Bail-Deposit-ITC-FIR-GST-Liability-Supreme-Court-TAXSCAN.jpg "Bail Condition to Deposit of 70 Lakhs for wrongful availment of ITC based on FIR is invalid, no legal liability proven on GST Liability: Supreme Court [Read Order]")
Violation of natural justice in Administrative Body cannot be cured by natural justice at the Appellate Stage: Rajasthan HC [Read Order]
A Division Bench of the Rajasthan High Court recently set aside the orders passed against the assessee, both in adjudication and appellate stages and observed that the violation of natural justice in...
Builder’s Fault might cost you Additional Capital Gains Tax Liability u/s 54 IT Act: Here’s What You Need to Know
Section 54 of the Income Tax Act allows for an exemption on long-term capital gains tax for individuals and HUF (Hindu Undivided Family) if the proceeds from the sale of a long-term capital asset,...
