Long-Term Leasehold Right Did Not Confer Ownership; Madras HC Denies Depreciation Claim Of Hinduja Foundries November 17, 2025 Read More »
Genuine Purchases Cannot Be Characterised As Bogus; Bombay HC Quashes Additions On Assumed Information Of Hawala Transactions November 3, 2025 Read More »
Kerala HC: Individual Debtor’s Account Is Not Required To Be Closed For Claiming Write Off Of Bad Debts November 3, 2025 Read More »
Business Going Through Lean Period Of Transition Does Not Amount To Its Cessation; SC Allows Unabsorbed Depreciation October 17, 2025 Read More »
Madras HC: Long-Term Leasehold Rights Over Infrastructure Don’t Confer ‘Ownership’ for Claiming Depreciation October 13, 2025 Read More »
Kerala HC: Additional Evidence Filed At Appellate Stage Contradicting Voluntary ITR Is An ‘Afterthought’ & Cannot Be Revised October 6, 2025 Read More »
Karnataka High Court: Reassessment Under Sec 153-A Is Not Permitted In Absence Of Any Incriminating Material Unearthed During Search September 16, 2025 Read More »
Bombay HC Sets Aside Order Wrongly Rectified by ITAT; Holds that Subsequent Ruling of Court is no Ground to Invoke S.254(2) September 15, 2025 Read More »
Salary Reimbursement In Secondment Agreement With Employer-Employee Relationship Is Not FTS, Reiterates Karnataka High Court September 13, 2025 Read More »
