The assessee contended before the Commissioner of Income Tax (Appeals) [CIT (A)] and subsequently the ITAT that sufficient ...

Held: In the instant case, the disallowance of interest expenses was made by AO by taking view that assessee had shown unsecured loan of Rs. 16,36,297/- and had also given loan and advances of Rs. 11, ...

5. It was further submitted that the petitioner is ready and willing to pay 10% of the disputed tax and that he may be ...

The term ‘Banking Business Hours’ are the minimum number of hours that IBU shall provide services from its premises in IFSC.

Mohanty Enterprises case, which allowed the revocation of cancellation for entities willing to comply with tax obligations.

The assessee on show cause resisted the proceedings by filing a response. According to the assessee there was no intent to ...

Both parties presented their arguments, with the assessee contending that the cash deposits were sourced from its textile trading business, specifically from sales outside the books of accounts. The ...

ITAT Chennai Held that the construction of a new residential house to its existing residence with separate stair-case, kitchen, new electrical connection, water connection, etc. qualifies for ...

The Court observed that the denial of cross-examination violated the principles of natural justice. It referred to Section 75 (4) of the CGST Act, which mandates a hearing but does not explicitly ...

The appellant argued that although they had initially waived the claim of Rs. 1,57,818/-, they later found documents that ...

Madras High Court held that disallowance of input tax credit for A.Y. 2019-2020 since claims has been lodged beyond the ...

Jharkhand High Court ruled in favor of Shri Sai Super Market, addressing the disallowance of Input Tax Credit (ITC) worth ₹11 ...