SBI Cannot Escape Tax Implication On Grounds Of Change Of Branch Manager: ITAT Refuses To Condone The Delay In Filing Appeal

2 years, 8 months ago

SBI Cannot Escape Tax Implication On Grounds Of Change Of Branch Manager: ITAT Refuses To Condone The Delay In Filing Appeal

The Bangalore Bench of the Income Tax Appellate Tribunal has refused to condone the delay in filing the appeal on the grounds that even during the period of COVID-19, the ITAT was functioning and banking facilities were provided by the State Bank of India. The Branch intended to prefer an appeal before the Income Tax Appellate Tribunal, Bangalore, against the Commissioner of Income Tax order. The delay in filing an appeal before the Income Tax Appellate Tribunal, Bangalore was caused by a change in manager. Case Title: State Bank of India versus The Income Tax Officer, Citation: ITA No.330/Bang/2022 Dated: 19.07.2022 Counsel For Appellant: C.A.

Appeal Tax Income Tax Bank Income Delay Branch Sbi Itat Assessee Dit

After court order, Anil Ambani withdraws plea challenging tax department action

1 week, 1 day ago

After court order, Anil Ambani withdraws plea challenging tax department action

Tax

Notice U/S 263 Of Income Tax Act Cannot Be Issued By Authority After Approval Of Resolution Plan U/S 31 Of IBC: Gujarat High Court

1 week, 6 days ago

Notice U/S 263 Of Income Tax Act Cannot Be Issued By Authority After Approval Of Resolution Plan U/S 31 Of IBC: Gujarat High Court

Tax

Income Tax Act | Order Passed By Commissioner U/S 263 Can't Be Construed As Closed Remand, No Need To Challenge Order Separately: Kerala High Court

1 week, 6 days ago

Income Tax Act | Order Passed By Commissioner U/S 263 Can't Be Construed As Closed Remand, No Need To Challenge Order Separately: Kerala High Court

Tax

Income Tax Act | Principal Commissioner Has Authority To Cancel Registration Of Assessee Without Waiting For Decision From Assessing Authority: Kerala HC

4 weeks, 1 day ago

Income Tax Act | Principal Commissioner Has Authority To Cancel Registration Of Assessee Without Waiting For Decision From Assessing Authority: Kerala HC

Income Tax

[S.292B Income Tax Act] Inadvertent Mistakes In Reassessment Can Be Saved But Assessment Order Overlooking Apparent Error Cannot: Delhi HC

1 month, 1 week ago

[S.292B Income Tax Act] Inadvertent Mistakes In Reassessment Can Be Saved But Assessment Order Overlooking Apparent Error Cannot: Delhi HC

Information

Limitation Period For Filing Appeal U/S 61 Of IBC Commences From Date Of Order, Not From Date Of Its Receipt: NCLAT

1 month, 2 weeks ago

Limitation Period For Filing Appeal U/S 61 Of IBC Commences From Date Of Order, Not From Date Of Its Receipt: NCLAT

Appeal

Tax Weekly Round-Up: February 10 - February 16, 2025

1 month, 3 weeks ago

Tax Weekly Round-Up: February 10 - February 16, 2025

India

High Court Within Whose Jurisdiction AO Passes Assessment Order Has Jurisdiction To Entertain Appeal U/S 260A Income Tax Act: Delhi HC

1 month, 3 weeks ago

High Court Within Whose Jurisdiction AO Passes Assessment Order Has Jurisdiction To Entertain Appeal U/S 260A Income Tax Act: Delhi HC

Delhi

AO Duty Bound To Dispose Of Assessee's Written Objections To Proposed Re-Assessment By Passing Speaking Order: Calcutta High Court

1 month, 4 weeks ago

AO Duty Bound To Dispose Of Assessee's Written Objections To Proposed Re-Assessment By Passing Speaking Order: Calcutta High Court

High Court

Tax Weekly Round-Up: February 03 - February 09, 2025

1 month, 4 weeks ago

Tax Weekly Round-Up: February 03 - February 09, 2025

Delhi

What Is The Time Period Surviving U/S 149 Of Income Tax Act For Issuing Reassessment Notices: Delhi High Court Explains

2 months ago

What Is The Time Period Surviving U/S 149 Of Income Tax Act For Issuing Reassessment Notices: Delhi High Court Explains

Supreme Court

Date Of Assessment Order Recommending Penalty For Accepting Cash Above ₹2 Lakh Not Relevant For Determining Limitation U/S 275 Of Income Tax Act: Delhi HC

2 months ago

Date Of Assessment Order Recommending Penalty For Accepting Cash Above ₹2 Lakh Not Relevant For Determining Limitation U/S 275 Of Income Tax Act: Delhi HC

Action

Merely Paying Penalty For Wilful Delay In Filing Income Tax Returns Does Not Exonerate Assessee From Being Prosecuted: Karnataka High Court

2 months ago

Merely Paying Penalty For Wilful Delay In Filing Income Tax Returns Does Not Exonerate Assessee From Being Prosecuted: Karnataka High Court

Tax

Tax Weekly Round-Up: January 20 - January 26, 2025

2 months, 1 week ago

Tax Weekly Round-Up: January 20 - January 26, 2025

Karnataka

Proceedings Initiated Against Income Tax Assessee After His Death Cannot Be Continued Against Legal Representative: Karnataka HC

2 months, 2 weeks ago

Proceedings Initiated Against Income Tax Assessee After His Death Cannot Be Continued Against Legal Representative: Karnataka HC

Legal

Delhi HC Rejects Income Tax Director's Appeal U/S 19 Contempt Of Courts Act, Says Appeal Maintainable Only If Order Imposes Punishment

2 months, 2 weeks ago

Delhi HC Rejects Income Tax Director's Appeal U/S 19 Contempt Of Courts Act, Says Appeal Maintainable Only If Order Imposes Punishment

Appeal

[Income Tax] Assessing Officer Not Only An Adjudicator But Also An Investigator, Cannot Remain Oblivious To Claim Without Enquiry: Kerala HC

2 months, 2 weeks ago

[Income Tax] Assessing Officer Not Only An Adjudicator But Also An Investigator, Cannot Remain Oblivious To Claim Without Enquiry: Kerala HC

Income Tax

ITAT Cannot Decide On Grounds Not Addressed By Commissioner Of Income Tax (Appeals): Delhi High Court

2 months, 3 weeks ago

ITAT Cannot Decide On Grounds Not Addressed By Commissioner Of Income Tax (Appeals): Delhi High Court

Income Tax

Rajasthan HC Directs Tax Commissioner To Recall 'Contemptuous Order' Denying Benefit Of Entertainment Tax Scheme To Cinema Theatre

3 months ago

Rajasthan HC Directs Tax Commissioner To Recall 'Contemptuous Order' Denying Benefit Of Entertainment Tax Scheme To Cinema Theatre

Judgment

Reassessment U/S 150 Of Income Tax Act Can't Be Initiated On Mere 'Incidental' Findings Of Appellate Authority: Delhi High Court

3 months ago

Reassessment U/S 150 Of Income Tax Act Can't Be Initiated On Mere 'Incidental' Findings Of Appellate Authority: Delhi High Court

Court

Assessee Can Confine Settlement Under Direct Tax Vivad Se Vishwas Act To Disputes Which Were Subject Matter Of Its Appeal: Delhi HC

3 months, 3 weeks ago

Assessee Can Confine Settlement Under Direct Tax Vivad Se Vishwas Act To Disputes Which Were Subject Matter Of Its Appeal: Delhi HC

Appeal

'Circular Relied Upon By DK Shivakumar Not Applicable', IT Dept Says In Tax Evasion Case; Supreme Court Calls For Formal Affidavit

3 months, 4 weeks ago

'Circular Relied Upon By DK Shivakumar Not Applicable', IT Dept Says In Tax Evasion Case; Supreme Court Calls For Formal Affidavit

Karnataka

[Income Tax] No Substantial Question Of Law Arises If Perversity Cannot Be Shown In Order Passed By Tribunal: Allahabad High Court

4 months ago

[Income Tax] No Substantial Question Of Law Arises If Perversity Cannot Be Shown In Order Passed By Tribunal: Allahabad High Court

Record

Appeals U/S 260A Of Income Tax Act Not Sustainable In Absence Of Perversity In Tribunal's Fact Finding: Allahabad High Court

4 months, 1 week ago

Appeals U/S 260A Of Income Tax Act Not Sustainable In Absence Of Perversity In Tribunal's Fact Finding: Allahabad High Court

High Court

Not Considering Income Tax Assessee's Request For Personal Hearing Violates Natural Justice: Kerala High Court

4 months, 2 weeks ago

Not Considering Income Tax Assessee's Request For Personal Hearing Violates Natural Justice: Kerala High Court

Personal

Recourse To Section 147 Of Income Tax Act Not Barred In Cases Where Assessing Officer Is Empowered To Proceed U/S 153C: Delhi High Court

4 months, 2 weeks ago

Recourse To Section 147 Of Income Tax Act Not Barred In Cases Where Assessing Officer Is Empowered To Proceed U/S 153C: Delhi High Court

Delhi

Certified Copy Not Necessary To File GST Appeal, Order Downloaded From Site Enough: Gujarat High Court

4 months, 3 weeks ago

Certified Copy Not Necessary To File GST Appeal, Order Downloaded From Site Enough: Gujarat High Court

Appeal

When Is Action For Imposition Of Penalty 'Initiated' U/S 271C Of Income Tax Act For Failure To Deduct Tax At Source: Delhi HC Explains

4 months, 3 weeks ago

When Is Action For Imposition Of Penalty 'Initiated' U/S 271C Of Income Tax Act For Failure To Deduct Tax At Source: Delhi HC Explains

Action

[Income Tax] Assessing Authority Can't Reassess Prior Years Without Inquiry While Determining Relevant Year's Assessment: Kerala High Court

4 months, 4 weeks ago

[Income Tax] Assessing Authority Can't Reassess Prior Years Without Inquiry While Determining Relevant Year's Assessment: Kerala High Court

High Court

Consequential Order Passed By Assessing Authority Beyond Terms Of Remand By Commissioner Is Unacceptable: Kerala High Court

4 months, 4 weeks ago

Consequential Order Passed By Assessing Authority Beyond Terms Of Remand By Commissioner Is Unacceptable: Kerala High Court

Tax

High Court Rejects Income Tax Appeal, Finds No Escapement of Rs. 3.25 Crore

5 months, 3 weeks ago

High Court Rejects Income Tax Appeal, Finds No Escapement of Rs. 3.25 Crore

Law Ahmedabad

Rajasthan High Court Quashes Income Tax Reassessment As Income Tax Dept. Failed To Hold Proper Investigation

7 months, 3 weeks ago

Rajasthan High Court Quashes Income Tax Reassessment As Income Tax Dept. Failed To Hold Proper Investigation

Appeal

Mistake In Calculation Of Tax As Per Sec 115BBE Can Be Rectified U/s 154 And Not U/s 263: Ahmedabad ITAT Quashes Revision Made By PCIT

7 months, 3 weeks ago

Mistake In Calculation Of Tax As Per Sec 115BBE Can Be Rectified U/s 154 And Not U/s 263: Ahmedabad ITAT Quashes Revision Made By PCIT

Tax

AO Can't Disregard ITAT's Direction To Re-examine Issue By Referring To CBDT Circular: Delhi High Court

8 months, 1 week ago

AO Can't Disregard ITAT's Direction To Re-examine Issue By Referring To CBDT Circular: Delhi High Court

Tax

Indirect Tax Weekly Round-Up: 21 To 27 July 2024

8 months, 1 week ago

Indirect Tax Weekly Round-Up: 21 To 27 July 2024

Kerala

Tax Effect In Appeals Below Monetary Limit Of Rs.1 Crore; Kerala High Court Dismisses Dept's Appeal

8 months, 3 weeks ago

Tax Effect In Appeals Below Monetary Limit Of Rs.1 Crore; Kerala High Court Dismisses Dept's Appeal

Trust

Order Of ITSC Final And Conclusive For AY For Which Application Has Been Filed: Delhi High Court

9 months ago

Order Of ITSC Final And Conclusive For AY For Which Application Has Been Filed: Delhi High Court

Appeal

Indirect Tax Cases Monthly Round Up: June 2024

9 months, 1 week ago

Indirect Tax Cases Monthly Round Up: June 2024

High Court

Direct Taxes Weekly Round-Up: 19 To 25 May 2024

10 months, 1 week ago

Direct Taxes Weekly Round-Up: 19 To 25 May 2024

India

AO Can't Draw An Adverse Inference For Mere Non-Response From Directors To Notices: Calcutta High Court

10 months, 4 weeks ago

AO Can't Draw An Adverse Inference For Mere Non-Response From Directors To Notices: Calcutta High Court

High Court

I-T Authority Fails To Consider Reason For Difference In Sale Consideration & Stamp Duty: Mumbai ITAT Deletes Penalty Levied U/s 270A For Under-Reporting Of Income

11 months ago

I-T Authority Fails To Consider Reason For Difference In Sale Consideration & Stamp Duty: Mumbai ITAT Deletes Penalty Levied U/s 270A For Under-Reporting Of Income

Property

Income Tax Authority Should Refrain From Over Analysis Which Leads To Paralysis Of Justice: Bombay High Court

11 months ago

Income Tax Authority Should Refrain From Over Analysis Which Leads To Paralysis Of Justice: Bombay High Court

Justice

Direct Tax Cases Weekly Round-Up: 21 April To 27 April 2024

11 months, 1 week ago

Direct Tax Cases Weekly Round-Up: 21 April To 27 April 2024

Tax

Penalty Order On Ground Of Misreporting Of Income Not Justified When SCN And Assessment Order Alleged Under-Reporting: ITAT

11 months, 1 week ago

Penalty Order On Ground Of Misreporting Of Income Not Justified When SCN And Assessment Order Alleged Under-Reporting: ITAT

Tax

Direct Tax Cases Weekly Round-Up: 14 April To 20 April 2024

11 months, 2 weeks ago

Direct Tax Cases Weekly Round-Up: 14 April To 20 April 2024

Court

[Income Tax Act] Supreme Court Decision In UOI v. Ashish Agarwal Applicable To Parties Who Challenged Notice U/S 148: Allahabad High Court

11 months, 3 weeks ago

[Income Tax Act] Supreme Court Decision In UOI v. Ashish Agarwal Applicable To Parties Who Challenged Notice U/S 148: Allahabad High Court

Supreme Court

Failure Of Dept. To Comply With ITAT's Order: Delhi High Court Directs Dept. To Remove Demands, Penalty From ITBA portal

11 months, 3 weeks ago

Failure Of Dept. To Comply With ITAT's Order: Delhi High Court Directs Dept. To Remove Demands, Penalty From ITBA portal

Assessment

Indirect Tax Cases Weekly Round-Up: 7 April To 13 April 2024

11 months, 3 weeks ago

Indirect Tax Cases Weekly Round-Up: 7 April To 13 April 2024

Tax

Direct Tax Cases Quarterly Digest 2024

1 year ago

Direct Tax Cases Quarterly Digest 2024

High Court

ITAT Cases Weekly Round-Up: 31 March To 6 April 2024

1 year ago

ITAT Cases Weekly Round-Up: 31 March To 6 April 2024

Tax

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ED action on state-run liquor retailer: TN, TASMAC withdraw transfer pleas in SC

Trending 1 day, 17 hours ago

ED action on state-run liquor retailer: TN, TASMAC withdraw transfer pleas in SC

New Delhi, The Tamil Nadu government and its marketing corporation TASMAC on Tuesday withdrew from the Supreme Court the pleas to transfer from the Madras High Court to another high …

Hindustan Times

Tamil Nadu Court State High

After SC verdict against T.N. Guv, Kerala urges CJI to list petition against delay in clearing bills before Justice Pardiwala Bench

1 day, 19 hours ago

After SC verdict against T.N. Guv, Kerala urges CJI to list petition against delay in clearing bills before Justice Pardiwala Bench

Following the judgment declaring Tamil Nadu Governor’s actions illegal, State of Kerala on Tuesday urged Chief Justice of India Sanjiv Khanna to list its writ petition before the Bench headed …

Cji Venugopal Kerala Case Pardiwala Bench

Bengal Board Moves SC to Modify Order Cancelling 25,000 School Jobs

Trending 2 days, 14 hours ago

Bengal Board Moves SC to Modify Order Cancelling 25,000 School Jobs

The West Bengal Board of Secondary Education moved the Supreme Court on Monday seeking 'modification' in its order annulling over 25,000 jobs in schools last week, a high-level source in …

Deccan Chronicle

Board Court Ssc

IBC Monthly Digest: March 2025

4 days, 21 hours ago

IBC Monthly Digest: March 2025

Nominal Index: Shri Krishan V. H.S Oberoi Buildtech Private Ltd.,Company Appeal No. Case Number:Company Appeal No.249 of 2025 The National Company Law Appellate Tribunal New Delhi bench of Justice Ashok …

Live Law

Mumbai Appeal Insolvency National

Madras High Court Monthly Digest - March 2025 [Citations 81-122]

4 days, 22 hours ago

Madras High Court Monthly Digest - March 2025 [Citations 81-122]

Citations: 2025 LiveLaw 81 To 2025 LiveLaw 122 Case Title: Prof. Dr. R. Manonmani and Others v. The State of Tamil Nadu and Others Citation: 2025 LiveLaw 81 The Madras …

Live Law

India Justice Tamil Nadu Constitution

Appeal U/S 61 Of IBC Is Maintainable Against Order Passed By NCLT Initiating Insolvency Process Against Personal Guarantors: NCLAT

5 days, 20 hours ago

Appeal U/S 61 Of IBC Is Maintainable Against Order Passed By NCLT Initiating Insolvency Process Against Personal Guarantors: NCLAT

The National Company Law Appellate Tribunal New Delhi bench of Justice Ashok Bhushan, Mr. Arun Baroka and Mr. Barun Mitra has held that An appeal under Section 61 of the …

Live Law

Corporate Resolution Order Process

Madras High Court refuses to quash FIR against Periyar University Vice-Chancellor

5 days, 21 hours ago

Madras High Court refuses to quash FIR against Periyar University Vice-Chancellor

The Madras High Court on Friday refused to quash a First Information Report registered against Periyar University Vice-Chancellor R. Jagannathan under the Scheduled Castes and Scheduled Tribes Act, 1989, as …

Education University Director Fir

Three sentenced to 1-year imprisonment for tax evasion

6 days, 12 hours ago

Three sentenced to 1-year imprisonment for tax evasion

A Special Court for Economic Offences in Hyderabad, on Thursday, sentenced three businessmen to undergo one year of imprisonment for tax evasion under the Income Tax Act. Jaipal Reddy along …

Income Tax Reddy Jaipal Reddy

Adjudicating Authority Cannot Suo Moto Amend Date Of Default In Insolvency Application Unless Amendment Application Is Filed: NCLAT

6 days, 13 hours ago

Adjudicating Authority Cannot Suo Moto Amend Date Of Default In Insolvency Application Unless Amendment Application Is Filed: NCLAT

The National Company Law Appellate Tribunal New Delhi bench of Justice Ashok Bhushan, Mr. Arun Baroka and Mr. Barun Mitra has held that the Adjudicating Authority cannot suo moto amend …

Live Law

Insolvency Application Tribunal Date

Bombay High Court Slaps ₹25K Costs On Industrialist Anil Ambani For Seeking 'Urgent Hearing' In Tax Case

6 days, 17 hours ago

Bombay High Court Slaps ₹25K Costs On Industrialist Anil Ambani For Seeking 'Urgent Hearing' In Tax Case

In a setback for industrialist Anil Ambani, the Bombay High Court recently imposed a cost of Rs 25,000 on him for seeking an urgent hearing of his petition challenging the …

Live Law

Court Bombay High Court Notice Urgent

SC upholds Calcutta HC order invalidating 25,000 appointments made by Bengal School Selection Commission

1 week ago

SC upholds Calcutta HC order invalidating 25,000 appointments made by Bengal School Selection Commission

NEW DELHI: In a major setback to the Mamta Banerjee government, the Supreme Court on Thursday upheld the Calcutta HC's decision to cancel 25,753 teachers' appointments in West Bengal government …

New Indian Express

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Bombay High Court imposes ₹25,000 fine on Anil Ambani for seeking swift hearing in tax notice

1 week ago

Bombay High Court imposes ₹25,000 fine on Anil Ambani for seeking swift hearing in tax notice

The Bombay High Court has imposed a cost of ₹25,000 on industrialist Anil Ambani for seeking an urgent hearing in a petition challenging a tax notice issued to him on …

Court Bench

Refund Claim For Service Tax Can't Be Made On Transactions Which Took Place Beyond Territorial Jurisdiction Of India: CESTAT

1 week ago

Refund Claim For Service Tax Can't Be Made On Transactions Which Took Place Beyond Territorial Jurisdiction Of India: CESTAT

The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal has stated that refund claim for service tax cannot be claimed on transactions took place beyond the territorial jurisdiction …

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India Credit Service Tribunal

Petition U/S 34 Of Arbitration Act Cannot Be Decided Without Summoning Entire Record To Verify Service Of Notice: Karnataka HC

1 week ago

Petition U/S 34 Of Arbitration Act Cannot Be Decided Without Summoning Entire Record To Verify Service Of Notice: Karnataka HC

The Karnataka High Court bench of Justice Hanchate Sanjeevkumar has held that a petition under Section 34 of the Arbitration and Conciliation Act, 1996 cannot be decided without first summoning …

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Arbitration Judge Respondent Notice

Karnataka High Court Refuses To Stay Order Quashing ED Summons To Ex-MUDA Commissioner But Says Probe Into Scam Will Continue

1 week ago

Karnataka High Court Refuses To Stay Order Quashing ED Summons To Ex-MUDA Commissioner But Says Probe Into Scam Will Continue

The Karnataka High Court on Wednesday refused to stay a single judge's order which quashed Enforcement Directorate's summons issued to Dr Natesha DB, the former MUDA Commissioner during whose tenure …

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Karnataka Judgment Investigation Court

Karnataka HC Refuses To Entertain Plea To Implement 2020 Govt Circular Asking All Departments To Avoid Using 'Dalit' To Address SC Members

1 week ago

Karnataka HC Refuses To Entertain Plea To Implement 2020 Govt Circular Asking All Departments To Avoid Using 'Dalit' To Address SC Members

The Karnataka High Court on Wednesday refused to entertain a petition filed seeking to implement the government circular issued in the year 2020, asking all its departments and authorities to …

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Taxpayers Can Now Submit Rectification Requests For Errors In Their Tax Demand Notices Online. Here's How

1 week ago

Taxpayers Can Now Submit Rectification Requests For Errors In Their Tax Demand Notices Online. Here's How

The Income Tax Department has introduced an online rectification facility for taxpayers to address incorrect tax demand notices and intimations up to Assessment Year 2023-24. The feature, launched in January …

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Tax Income Cpc Pan

Rs 158 Crore Tax Demand Issued To Swiggy; Firm Plans To Challenge The Order

1 week ago

Rs 158 Crore Tax Demand Issued To Swiggy; Firm Plans To Challenge The Order

Food and grocery delivery platform Swiggy announced on Tuesday that it has received an assessment order from the Income Tax Department, demanding an additional tax of over Rs 158 crore …

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Schedule IV Of Arbitration Act On Fees Of Arbitrator Does Not Mandatorily Apply To International Commercial Arbitrations: Delhi High Court

1 week ago

Schedule IV Of Arbitration Act On Fees Of Arbitrator Does Not Mandatorily Apply To International Commercial Arbitrations: Delhi High Court

The Delhi High Court bench of Justice Sachin Datta has observed that in an international commercial arbitration in terms of Section 2 of the Arbitration and Conciliation Act, 1996, the …

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Received a wrong tax demand notice? Here's how to rectify it online

1 week, 1 day ago

Received a wrong tax demand notice? Here's how to rectify it online

The Income Tax Department has made it easier to fix mistakes in tax notices and intimations. If you’ve received a wrong tax demand notice or an error in your ITR …

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Income Tax Shocker: Factory worker in UP gets ₹11-crore notice over ’dues’; cleaner, juice vendor owe crores

1 week, 1 day ago

Income Tax Shocker: Factory worker in UP gets ₹11-crore notice over ’dues’; cleaner, juice vendor owe crores

An Aligarh factory worker, a cleaner, and a juice vendor were left in shock and distress after receiving Income Tax notices demanding crores of rupees in unpaid taxes, all in …

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Tax Authorities Waives Interest On TCS, TDS Payments Delayed Due To A Glitch. Here’s How This Will Help Taxpayers

1 week, 1 day ago

Tax Authorities Waives Interest On TCS, TDS Payments Delayed Due To A Glitch. Here’s How This Will Help Taxpayers

Taxpayers who paid Tax Deducted at Source or Tax Collected at Source on time but faced delays in government deposit due to technical glitches will no longer have to bear …

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Sections 43B & 40A Income Tax Act | Which Provision Prevails When Both Commence With Non-Obstante Clause? Madras High Court Clarifies

1 week, 1 day ago

Sections 43B & 40A Income Tax Act | Which Provision Prevails When Both Commence With Non-Obstante Clause? Madras High Court Clarifies

The Madras High Court while referring sections 43B and 40A Income Tax Act explained which provision prevails when both commence with a non-obstante clause. The Division Bench of Justices Dr. …

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Bombay HC extends stay on order directing FIR against ex-Sebi chief Buch, 5 others

1 week, 1 day ago

Bombay HC extends stay on order directing FIR against ex-Sebi chief Buch, 5 others

Mumbai: The Bombay High Court on Tuesday extended the interim stay on a special court's order directing FIR against ex-Sebi chairperson Madhabi Puri Buch and five other officials for alleged …

Deccan Chronicle

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Inflating Contract Figures & Complaining That Tax Authorities Based Decision On Such Figures Amounts To Defrauding State In Two Ways: Karnataka HC

1 week, 1 day ago

Inflating Contract Figures & Complaining That Tax Authorities Based Decision On Such Figures Amounts To Defrauding State In Two Ways: Karnataka HC

The Karnataka High Court stated that inflating contract figures and complaining that tax authorities have premised their decision on such figures, amounts to defrauding state. “Claiming higher contract amount by …

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Mohali: 2 excise officers, steel industrialist awarded three-yr RI for tax fraud

1 week, 2 days ago

Mohali: 2 excise officers, steel industrialist awarded three-yr RI for tax fraud

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Delhi High Court Grants Relief To Lufthansa Airlines, Sets Aside Revenue's Order Denying 'Nil' TDS Certificate

1 week, 2 days ago

Delhi High Court Grants Relief To Lufthansa Airlines, Sets Aside Revenue's Order Denying 'Nil' TDS Certificate

In a relief to German cargo airline Lufthansa, the Delhi High Court set aside the Revenue's order denying nil TDS certificate to the company for the financial year 2024-25. At …

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Tax Weekly Round-Up: March 24 - March 30, 2025

1 week, 2 days ago

Tax Weekly Round-Up: March 24 - March 30, 2025

SUPREME COURT 'Timelines To Rectify Bonafide GST Form Errors Must Be Realistic' : Supreme Court Asks CBIC To Re-examine Provisions Case title : CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS …

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Pendency Of Criminal Complaint Can't Justify Delay In Filing Consumer Complaint: NCDRC Allows Eastern Railways' Revision Petition

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Pendency Of Criminal Complaint Can't Justify Delay In Filing Consumer Complaint: NCDRC Allows Eastern Railways' Revision Petition

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I-T Dept. imposes ₹944 crore penalty on IndiGo; airline to contest order

1 week, 3 days ago

I-T Dept. imposes ₹944 crore penalty on IndiGo; airline to contest order

The Income Tax Department has slapped a penalty of ₹944.20 crore on IndiGo, which said it will contest the order that is “erroneous and frivolous.” The order was received by …

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IndiGo vows to contest ₹944 cr tax penalty, calls I-T dept’s order ‘erroneous’

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IndiGo vows to contest ₹944 cr tax penalty, calls I-T dept’s order ‘erroneous’

IndiGo on Sunday criticised the Income Tax Department’s ₹944.20 crore penalty order as “erroneous” after its parent company, InterGlobe Aviation, received the order on Saturday. In a regulatory filing, IndiGo …

Hindustan Times

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IndiGo vows to contest ₹944 cr tax penalty, calls I-T dept’s order ‘erroneous and frivolous’

Top News 1 week, 3 days ago

IndiGo vows to contest ₹944 cr tax penalty, calls I-T dept’s order ‘erroneous and frivolous’

IndiGo on Sunday criticised the Income Tax Department’s ₹944.20 crore penalty order as “erroneous and frivolous” after its parent company, InterGlobe Aviation, received the order on Saturday. In a regulatory …

Hindustan Times

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IndiGo Faces Rs 944 Crore Tax Penalty, Vows Legal Action

1 week, 3 days ago

IndiGo Faces Rs 944 Crore Tax Penalty, Vows Legal Action

InterGlobe Aviation Ltd, the parent company of IndiGo, received a Rs 944.20 crore penalty from the Income Tax department for the Assessment Year 2021-22. According to IndiGo, the department erroneously …

ABP News

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‘Erroneous’: IndiGo after I-T department imposes ₹944 crore penalty; airline to challenge order

1 week, 3 days ago

‘Erroneous’: IndiGo after I-T department imposes ₹944 crore penalty; airline to challenge order

InterGlobe Aviation, parent company of the country's largest airline, IndiGo, on Saturday, received a ₹944.20 crore penalty order from the Income Tax Department, which the airline said was “erroneous”. The …

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Yes Bank Hit With Rs 2,209 Crore Tax Demand, Calls The Notice 'Without Any Basis'

1 week, 3 days ago

Yes Bank Hit With Rs 2,209 Crore Tax Demand, Calls The Notice 'Without Any Basis'

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Five Hyderabad Income Tax officials and CA booked by CBI

1 week, 4 days ago

Five Hyderabad Income Tax officials and CA booked by CBI

The Central Bureau of Investigation has registered a case against six individuals, including five officials from the Income Tax Department based in Hyderabad and a chartered accountant, over allegations of …

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IndiGo gets Rs 944 crore tax penalty, calls it erroneous and frivolous

Top News 1 week, 4 days ago

IndiGo gets Rs 944 crore tax penalty, calls it erroneous and frivolous

InterGlobe Aviation Ltd, the parent company of budget airline IndiGo, on Sunday said it had received a fine of Rs 944.20 crore from the Income Tax Department for the Assessment …

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Writ Petition Is Not An Appropriate Remedy To Seek Enforcement Of Arbitral Award: Delhi High Court

1 week, 4 days ago

Writ Petition Is Not An Appropriate Remedy To Seek Enforcement Of Arbitral Award: Delhi High Court

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High Court Writ Petition Judgment Railways

ITAT Exempts Tax On ₹1.5 Crore Granted By BCCI To Kapil Dev In Recognition Of His Services To Cricket

1 week, 4 days ago

ITAT Exempts Tax On ₹1.5 Crore Granted By BCCI To Kapil Dev In Recognition Of His Services To Cricket

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Appellate Authority Must Consider Prior Judicial Observations When Reconsidering Disciplinary Action: Kerala HC

1 week, 4 days ago

Appellate Authority Must Consider Prior Judicial Observations When Reconsidering Disciplinary Action: Kerala HC

Kerala High Court: A Division Bench of Justices Anil K. Narendran and Muralee Krishna S. dismissed writ appeals challenging an order that remanded a disciplinary case back to the Appellate …

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Appeal Court Disciplinary Order

Supreme Court Issues Notice In Challenge To West Bengal Taxes On Entry Of Goods Act

1 week, 4 days ago

Supreme Court Issues Notice In Challenge To West Bengal Taxes On Entry Of Goods Act

The Supreme Court is set to examine the constitutional validity of the West Bengal Taxes on Entry of Goods into the Local Areas Act, 2012, as amended by the West …

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Supreme Court Constitution Tax Court

Income tax officer excluded from cricket team, lies on pitch to disrupt match

1 week, 5 days ago

Income tax officer excluded from cricket team, lies on pitch to disrupt match

A dramatic incident occurred during a cricket match in Lucknow when an Income Tax Department officer disrupted the game, protesting his exclusion from the team. Joint Director Yogendra Mishra interrupted …

Match Mishra

Supreme Court allows Kumaraswamy to move High Court against eviction notice

1 week, 5 days ago

Supreme Court allows Kumaraswamy to move High Court against eviction notice

The Supreme Court on Friday permitted Union Minister and JD leader H.D. Kumaraswamy to pursue his remedy in the Karnataka High Court against an eviction notice issued by revenue authorities …

Supreme Court High Court Eviction State

Wait, what? Madhya Pradesh egg seller gets ₹50 crore notice from Income Tax department — know what happened

1 week, 5 days ago

Wait, what? Madhya Pradesh egg seller gets ₹50 crore notice from Income Tax department — know what happened

A street vendor selling eggs in Madhya Pradesh’s Damoh district was left in disbelief after receiving an income tax notice demanding transaction details for ₹50 crore. On March 20, 2025, …

Tax Income Pan Suman

Executing Court Erred In Seeking Transfer Certificate To Execute Award When It Had Jurisidiction To Entertain Application: Rajasthan HC Sets Aside Order

1 week, 5 days ago

Executing Court Erred In Seeking Transfer Certificate To Execute Award When It Had Jurisidiction To Entertain Application: Rajasthan HC Sets Aside Order

The Rajasthan High Court bench of Justice Narendra Singh Dhaddha has held that the Executing Court had committed an error in directing to furnish the transfer certificate for executing an …

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Court Application Order Cpc

MSME Council Cannot Pass Award On Account Of Failure Of Conciliation Proceedings, Has To Refer Matter To Arbitration: Karnataka HC

1 week, 5 days ago

MSME Council Cannot Pass Award On Account Of Failure Of Conciliation Proceedings, Has To Refer Matter To Arbitration: Karnataka HC

The Karnataka High Court has held that the Micro and Small Enterprises Facilitation Council cannot pass an award on account of conciliation having failed without referring the matter to arbitration. …

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Arbitration Council Pass Kar

Order Restraining Revenue From Taking Coercive Steps For Recovery Of Demand Can Interdict Adjustment Of Refunds: Delhi HC

1 week, 5 days ago

Order Restraining Revenue From Taking Coercive Steps For Recovery Of Demand Can Interdict Adjustment Of Refunds: Delhi HC

The Delhi High Court has held that when an appellate authority has asked the Income Tax Department to not take any coercive steps against an assessee for recovery of outstanding …

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Recovery Court Refunds Order

Penalty Under RTI Act Cannot Be Imposed Without Notifying Responsible Officer: Jharkhand HC Sets Aside ₹25k Fine On Addl Dy Commissioner

1 week, 5 days ago

Penalty Under RTI Act Cannot Be Imposed Without Notifying Responsible Officer: Jharkhand HC Sets Aside ₹25k Fine On Addl Dy Commissioner

The Jharkhand High Court has held that a penalty under Section 20 of the Right to Information Act, 2005, cannot be imposed without first issuing notice to the officer actually …

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Court Information Order State

Information Commissioner arrested as he takes bribe to deliver a favourable order

1 week, 6 days ago

Information Commissioner arrested as he takes bribe to deliver a favourable order

State Information Commissioner Ravindra Gurunath Dhakappa posted in the Kalaburagi Bench of the Karnataka Information Commission was arrested by Lokayukta Police on Thursday as he received ₹1 lakh bribe through …

Information Lokayukta Police Information Commissioner