The issue was whether property attachment under PMLA survives after discharge of some accused. The Tribunal held that as long ...

The issue was whether revision could be invoked despite detailed verification of unsecured loans during scrutiny. The ITAT ...

This article explains how MUDRA loans work, the different loan categories, eligibility, and how small entrepreneurs can ...

The Assessing Officer treated full bank deposits as unexplained income under section 69A. The Tribunal ruled that agricultural turnover cannot be taxed entirely and allowed only an estimated 10% ...

The issue centered on employees’ PF contributions and statutory due dates post-Checkmate ruling. The ITAT held that detailed verification was still required, warranting ...

The AO added ₹1 crore based on alleged cash receipts from third-party material. The Tribunal held the reopening itself was invalid, so the addition could not ...

Ashish Agrawal transition phase. Applying later Supreme Court law, the ITAT held AY 2015-16 is beyond the permissible reopening ...

The Tribunal ruled that unexplained investment additions cannot stand without concrete proof of actual investment. Mere survey information and assumptions do not shift the burden onto the ...

NCLAT Delhi held that balance sheet entries are reliable evidence of existence of financial debt. Accordingly, since debt and default against Corporate Debtor established, admission of application u/s ...

No incriminating material showed payment over the registered consideration. The tribunal held that without independent evidence, the ₹1.52 Cr addition could not be ...

NCLAT Delhi held that rejection of application under section 9 of the Insolvency and Bankruptcy Code justifiable because of pre-existing dispute between the parties. Accordingly, appeal dismissed as ...

The issue was whether exemption under Section 11 could be denied solely due to wrong data punching. The court ruled that ...