Where a Resident Welfare Association obtained Interest Bearing Maintenance Security (IBMS) from its members and earned interest income by depositing the same with Bank, payment of interest on such IBM ... Read more..

Where Tribunal recorded categorical findings and restored the matter before CIT (A) and assessee filed application seeking rectification of mistake in the order on the ground that the matter should ha ... Read more..

Where AO made addition by estimating gross profit on alleged bogus purchases merely on the basis of non-response of notices by third parties, such addition was not sustainable. ... Read more..

Where assessee’s appeal was dismissed on the ground of laches that certified copy of adjudication order was filed with delay, however, in view of Delhi High Court’s decision in the case of Chegg India ... Read more..

Where the Show Cause Notice was issued and the demand was confirmed in the name of the deceased without issuing notice to the legal representative of the deceased person, the order was not sustainable ... Read more..

Considering the fact that assessee was not afforded an opportunity to file a reply and the order was passed without providing personal hearing to him, the order was not sustainable and the same was li ... Read more..

Mere mentioning in complaint that petitioner was responsible for management of firm and thereby was jointly and severally liable for offence under sections 138 and 141 was not sufficient compliance of ... Read more..

Petitioner was an Independent Director and had no role in day-to-day affairs of company, complaint did not contain any specific averments detailing how the petitioner was responsible for the dishonour ... Read more..

NCDRC directed insurance company to pay loss to policy holder without considering quantum of compensation properly, as the compensation was granted only on the basis of unilateral assessment made by t ... Read more..