The Tribunal upheld that quarry expenses represented the cost of procuring raw material under a valid business arrangement.

Once the reassessment was quashed for jurisdictional and limitation defects, the Revenues appeal on merits became infructuous ...

Section 194T mandates 10% TDS on salary, interest, and remuneration paid to partners. Firms must now deduct tax at source ...

The Tribunal held that a clerical error in the tax audit report, later corrected through a revised report, cannot be the ...

Absence of a signature on the reassessment notice rendered it legally non-existent. All consequential proceedings and ...

The Tribunal ruled that an assessment based on a notice issued beyond the AO s pecuniary authority is unsustainable.

The Tribunal held that when stamp duty value is disputed, the Assessing Officer must refer the matter to the DVO. Fair market ...

Explains how GST law distinguishes detention under Section 129 from confiscation under Section 130, highlighting when authorities can legally invoke each ...

ICSI has set up Jabalpur as an Evolving Chapter under WIRC to strengthen outreach beyond metros. The move aims to boost student engagement and professional development ...

The Revenue alleged unexplained cash credits despite documentary evidence. The Tribunal ruled that once loans are repaid with interest and TDS, Section 68 cannot be invoked in ...

Consolidated GST notices are common but risky. Their validity depends on strict compliance with year-wise limitation and clear allegations for each ...

The Tribunal ruled that loans from salaried relatives with disclosed income and banking trails satisfy identity, creditworthiness and genuineness. The Section 68 addition was therefore ...