The regulator has consolidated all operative circulars under the LODR framework into a single master reference. The update ...

The amendment prescribes a clear formula to compute maximum rated speed of packing machines. This ensures uniform cess classification and prevents disputes over machine ...

The Tribunal examined whether the AO formed an independent belief before reopening. Finding verbatim reasons and rubber-stamp ...

The issue was whether an assessment could survive when the scrutiny notice was not issued in the CBDT-prescribed e-format.

ITAT Mumbai quashed reassessment for AY 2017-18 as notice issued after three years lacked mandatory sanction under Section ...

The Supreme Court held that the inclusion of a tainted official in the selection committee created a reasonable apprehension ...

Revenue failed to produce a Section 153C satisfaction note showing the date of handing over seized material. ITAT treated the notice date as the deemed search date and held AY 2012-13 beyond ...

The case involved share capital raised at a high premium based on unexecuted projects and circular fund routing. ITAT held that failure to prove creditworthiness and genuineness justified addition ...

The issue was whether screen-based stock exchange trades can be ignored due to alleged exit providers. The Tribunal ruled that non-response of buyers and weak financials of counterparties do not ...

The AO treated loan substitution via group restructuring as an accommodation entry. ITAT ruled that repayment by a holding company backed by bank trails and confirmations cannot be taxed as ...

CIT(A) remanded a completed scrutiny assessment even after the AO accepted additional evidence in remand. ITAT ruled this exceeded statutory powers and restored the case to CIT(A) for a merits-based ...

The issue was whether an assessment could survive when statutory notices were issued in the name of a deceased person. The Tribunal held such notices invalid and quashed the entire ...