Income Tax

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Where assessee purchased immovable property valued at Rs. 1,36,26,000, however, while furnishing AIR information, the Sub Registrars office wrongly mentioned the value of property as Rs. 1,36,26,000 i ... Read more..

Where assessee disclosed income to Revenue by paying self-assessment tax much before date of issue of notice under section 148 and therefore, the explanation of assessee for not furnishing original re ... Read more..

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..

Goods and Services Tax

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Where the Proper Officer did not assign any reason as to why the assessees GST registration was cancelled, the order of cancellation was liable to be set aside as the same was non-speaking one. ... Read more..

Where the Proper Officer did not assign any reason as to why the assessee’s GST registration was cancelled, the cancellation order was liable to be set aside, as the same was non-speaking one. ... Read more..

Since assessee was not diligent in checking the portal, he did not file reply to the Show Cause Notice, thus, the department could not be blamed, however, the assessee was directed to file an appeal a ... Read more..

Company and Corporate Laws

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The order passed by the Tribunal cannot be considered to be violative of the principles of natural justice where the order passed is as per the provisions of the law. ... Read more..

Application under section 9 is admissible where it is filed within 3 years from the date of default in making payment against the debt. ... Read more..

Appellant was involved in financial transactions related to proceeds of crime, generated through fraudulent activities causing significant financial losses to State Govt., the appellant had not filed ... Read more..


Capital Gains

Adjustment of Basic Exemption Limit Against Short-term Capital Gain

TDS and TCS

Failure to deduct tax under section 194Q

Capital Gains

Computation of capital gain vis-a-vis indexation--Investment in section 54EC Bonds

Capital Gains

Transfer of agricultural land on which no agricultural activities carried out--Exemption whether available

Charitable Trust

Registration under section 12AB or Approval under section 10(23C)(vi)--Gross Receipts likely to exceed Rs. 5 Crore limit

Capital Gains

Taxability of Transferable Development Rights (TDR)


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