Buyback of Shares Not ‘Asset Purchase’; Delhi HC Rules Out Deemed Profit Under Section 56(2)(viia) April 16, 2026 Read More »
ITAT: AO Cannot Question WDV Post-Amalgamation Where Trademark Depreciation Is Undisputed April 16, 2026 Read More »
Absence of Country-of-Origin Markings Does Not Bar Identification; CESTAT Grants Basic Customs Duty Exemption to Jindal Aluminium April 16, 2026 Read More »
No Refund Without Settled Exemption Claim: CESTAT Rejects Nikon India’s Customs Duty Refund Plea April 15, 2026 Read More »
Interest on Bank-Deposited Funds Closely Tied to Business Setup, Not Taxable as ‘Income from Other Sources’: Delhi High Court April 15, 2026 Read More »
Scheme-Based Language In Amalgamation Order Cannot Substitute For Statutory Entitlement; Supreme Court Refuses Accumulated Losses To Aspinwall April 14, 2026 Read More »
Income Which Is Not Utilized For Purposes For Which It Is Accumulated Becomes Taxable In Hands Of Trust; Ahmedabad ITAT Explains Sec 11(3) Restrictions April 11, 2026 Read More »
Orissa HC: Self-Assessment Return Under Odisha Entry Tax Act Can’t Trigger Reassessment Without Communication of Acceptance to Dealer April 9, 2026 Read More »
Karnataka High Court: Pigmy Agents Employed By Bank Are Not ‘Business Facilitators’ And Exempt From GST Levy April 9, 2026 Read More »
Notional Rent on Unsold Stock-in-Trade Not Taxable as House Property Income: Mumbai ITAT April 4, 2026 Read More »
