In [2023] 458 ITR 437 (SC) the dispute was whether the taxpayers are required to preserve records beyond 6 years.…
......Read MoreIn the matter of interpretation of treaties the Supreme Court in their decision in [2021] 432 ITR 471 (SC) held…
......Read MoreIn an interesting situation IBM India obtained a contract to undertake payroll and data management function for P&G India in…
......Read MoreIn setting a direct and binding precedence for Income Tax Appellate Tribunal the Bombay High Court in Linklaters case (2023)…
......Read MoreIn a new development the Telangana High Court set aside the notices issued u/s 148/148A and consequent orders passed by…
......Read MoreFor having registered motor car in the name of director even while showing it as part of fixed assets the…
......Read MoreSection 56(2)(viib) is inserted to tax receipt of consideration that is in excess of fair value of shares issued by…
......Read MoreIn the matters of recovery of demands the Telangana High Court in [2023] 457 ITR 560 (Telangana) taking note of…
......Read MoreSection 68 provisions is most common to every income tax assessment where the AO could seek confirmation and explanation on…
......Read MoreThe assessee with co-generation captive power division using bio fuel advantage,offered an amount as revenue receipt in return and went…
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