The Income Tax Appellate Tribunal (ITAT), Delhi bench, in a significant ruling, held that the transfer of shares, being a family arrangement, cannot be treated as a gift or prerequisite for the purpose of taxation

The Punjab and Haryana High court rejected the bail application of a person who has allegedly been involved in bogus tax refund and wrongful availment of Input Tax Credit (ITC). The Goods and Services Tax

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the New Delhi Television Ltd (NDTV) is liable to pay capital gain tax in respect of the sale of its shares.

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) removed the Assessing Officer's addition and determined that the sum given to the LLP partner from the remaining Accumulated Profits due to Commercial Expediency was

Vijay Shekhar Sharma, the visionary behind India's premier digital payment platform Paytm, held a brief meeting with Finance Minister Nirmala Sitharaman on Tuesday, February 6. This rendezvous comes amidst a tumultuous period for Paytm Payments

This Annual Digest of Supreme Court Cases analytically summarizes all Income Tax and Indirect Tax related cases heard by the Apex Court reported at taxscan.in during the year 2023. Relief to Adani Power: SC dismisses

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that source of cash deposit in the instant case is having direct relationship with the immediate withdrawal before such deposits and doubting the genuineness of

In B.A.Mohota Textiles Traders Pvt. Ltd v. DCIT & Ors, the division bench of the Bombay High Court held that receipt from the transfer of Shares by Company in consequent to family arrangement by its

The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that allowed the duty exemption under customs duty exemption notification since the aircraft was not used for private purposes in

This Round-Up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during July 15 to 14, 2023. Interest Received u/s 28 of Land Acquisition Act on Enhanced Compensation

This weekly round-up analytically summarises the key stories of the Supreme Court & High Court cases reported at taxscan.in, from  March 23, 2024 to March 30, 2024. SUPREME COURT No Application of S. 71, Customs

This weekly round-up analytically summarises the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from February 3rd to February 9th of 2024. SLP against Sale

The Supreme Court of India directed the accused to appear for further trial for Prevention of Money Laundering Act, 2002 ( PMLA ) against the false declaration under IDS to commit fraud of 8.26 crore. The

This weekly round-up analytically summarises the key tax judgements of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from June 10 to June 16 2023. Proper Officer Issuing Order under SEZ

This yearly digest analyzes all the CESTAT stories published in the year 2023 at taxscan.in Manufacture of Excisable Goods are excluded from definition of Business Auxiliary  Services, No Service Tax Gujarat Insecticides Ltd vs C.C.E.