The Tribunal had meticulously documented the discrepancies and lack of evidence supporting the genuineness of the share transactions. The High Court also noted a similar case involving a family member ...

The Kolkata Stock Exchange had no record of the purchase transaction. The broker involved in the purchase could not provide proper documentation or books of accounts, stating payment was adjusted ...

Whether in the present facts and circumstances of the case, the Ld. ITAT was justified in confirming the addition of Rs.51,87,680/- under Section 68 of the Act, wherein the ...

iii. The Petitioner shall furnish a telephone/mobile number to the Jail Superintendent as well as SHO of local police station, on which he can he contacted, if required. The said telephone number ...

CBI has made first arrests today including of an IRS officer of the rank of Dy. Commissioner of Income Tax and a private person in connection with their involvement in an ongoing investigation of a ...

The Supreme Court of India addressed an appeal by Andaman Timber Industries against an order by the Customs, Excise and Service Tax Appellate Tribunal (Tribunal). The dispute arose from a Show Cause ...

The Income Tax Appellate Tribunal (ITAT) Mumbai addressed the appeal filed by Farrah Marker against the order of the CIT(A) which upheld the Ass ...

Both these appeals filed by the assessee are directed against the common order of the ld. Commissioner of Income Tax (Appeals)-10, Kolkata (hereinafter the ‘ld. CIT (A)’), passed u/s 250 of the Income ...

Held that the imposition of additional duty under Section 3B is justified, and the statutory upper limit of the maximum stamp duty payable, being limited to INR 25 crores under the Karnataka Stamp ...

NCLAT Delhi held that application under section 9 of the Insolvency and Bankruptcy Code [IBC] is not maintainable due to pre-existing dispute between the parties. Accordingly, the appeal is dismissed.

Vide Finance (No. 2) Act, 2024, section 206C (1F) was amended to provide that TCS will also be levied on any other goods of value exceeding ten lakh rupees, as may be notified by the Central ...

The Central Board of Indirect Taxes and Customs, under the Ministry of Finance (Department of Revenue), issued Notification No. 27/2025 – Customs (N.T.) on April 22, 2025. This notification, ...