Sunayana Dhal

Transfer of Credit in case of Closure of factory is permissible in terms of Rule 10 of CCR 2009: CESTAT [Read Order]

Reopening of Assessment u/s 147 can’t be initiated when no Transfer took place on Account of JDA entered by “Group of Assessee”: ITAT [Read Order]

Capital Gain u/s 47(xiii) can’t be attracted on Failure to prove Existence of Firm and its Succession with Company: ITAT [Read Order]

TDS can’t be Deducted when EDCs have been Exempted from Category of “Contractor” by Rajasthan State Government’s Order: ITAT [Read Order]

Supreme Court and High Court Weekly Round-Up

Addition u/s 68 of Income Tax Act can’t be made when Assessee Established Genuineness of Sundry Creditors: ITAT grants relief to Serco India [Read Order]