Where assessee had already proved ingredients of section 68 in respect of its unsecured loans by furnishing confirmation letter and bank statement of lenders, such unsecured loans could not be treated ... Read more..

Excise duty and sales tax are indirect taxes, such taxes are to be excluded while calculating total turnover of assessee. ... Read more..

Where AO issued notice under section 153C to re-assess income of assessee for the assessment 2019-20 on the basis of information received from AO of searched person, which was pertaining to financial ... Read more..

Mere citation of a wrong provision or typographical error in the Form submitted along with the refund application, cannot be the ground for rejection of refund claim. ... Read more..

Where petitioner was nominated in the case after 6 years and he had already suffered sufficient incarceration, further, conclusion of trial would likely to take considerable time, he could be enlarged ... Read more..

Where petitioner was in judicial custody for a long time and there was no apprehension of his absconding from the process of trial, he can be released on regular bail, subject to fulfillment of condit ... Read more..

Mere inconvenience or hardship that borrower might have to face in travelling from Coimbatore to Chandigarh would not fall within expression expedient for the ends of justice in respect of transfer of ... Read more..

Ex-director already resigned from company prior to issuance of cheque, there was no material on record to suggest that she exercised control over affairs of the company at the time of dishonoured cheq ... Read more..

When adjudicating authority called for report from RoC to investigate and verify existence of companies at address mentioned, the authority ought to have awaited the report for proceeding further in t ... Read more..