Toyota is not Wholesale Automobile Trader; Karnataka High Court applies Tolerance Limit of 3% on Transactions with AEs September 13, 2025 Read More »
Ahmedabad ITAT: Sec. 54 Exemption Not Limited to 50% of Investment Where Property Jointly Owned With Spouse September 9, 2025 Read More »
MP High Court Slams I-T Dept Over Illegal Jewellery Seizure; Orders ₹50K Costs Against Officers September 8, 2025 Read More »
Calcutta High Court Affirms Internal CUP Method for ALP in Captive Power Plant Transactions with Associated Enterprises September 5, 2025 Read More »
‘Setting Up Industry’ for Wealth Tax Not Same as ‘Commencement of Business’ for Income Tax; Bombay HC Allows Netting of Interest September 4, 2025 Read More »
Calcutta High Court: Interest earned by Cooperative Society on funds kept with banks is eligible for Sec 80P benefit September 3, 2025 Read More »
SC Imposes ₹2 Lakh Cost on I-T Dept for Prosecuting Taxpayer Despite Settlement Commission Immunity August 29, 2025 Read More »
Bangalore ITAT: Customary Wedding Gifts Not Unexplained Money Under Sec. 69A Without Donor Verification August 25, 2025 Read More »
Madras HC: CIT Cannot Invoke Sec. 263 to Substitute ITO’s View Unless Order Is Erroneous; Clarifies ‘Lack of Inquiry’ vs ‘Inadequate Inquiry’ August 25, 2025 Read More »
Profits from Sale of Vintage Car Taxable, No Proof of Personal Use by Taxpayer: Bombay High Court August 19, 2025 Read More »
