Amount received by assessee-foreign entity towards sale of logistic services in India could not be treated as FTS/FIS either under the Act or under India-USA DTAA. ... Read more..

Where order under section 119(2)(b) was not appealable before Tribunal, in terms of section 253(1), the appeal against the said order was liable to be dismissed. ... Read more..

Where tax effect involved in appeal filed by Revenue before Tribunal was less than Rs. 60 lakhs, the said appeal was liable to be dismissed in the light of CBDT Circular No. 09/2024, dt. 17-09-2024. ... Read more..

Rule 86A could not have been exercised to block the Input Tax Credit in assessees Electronic Credit Ledger, as when the blocking orders made, the ITC available in the Electronic Credit Ledger was "Nil ... Read more..

Where the demand confirmed in the adjudication order was in excess of the amount specified the Show Cause Notice, which was ex facie contrary to the provisions of section 75(7) of the Act, the adjudic ... Read more..

Since the determination was made against the dead person without issuing notice to the legal representative, the adjudication order was not sustainable in the eyes of law. ... Read more..

For invoking section 29A(c) of IBC, it has to be proved that at time of submission of resolution plan, the SRA had an account classified as an NPA; and one year has elapsed from the date of such class ... Read more..

There was dispute in respect of realization of balance outstanding PF dues between two creditors, i.e., Axis Bank and EARC on priority basis, therefore, High Court had to decide issues whether Axis Ba ... Read more..

The scheme, once having been arrived at, should have been given a pragmatic treatment and an effective conclusion for making the scheme effective particularly when it is not prejudicial to the interes ... Read more..