Mar 265 minLitigationDelhi HC clarifies law on Stay of Demand applications: NASSCOM Vs DCIT(E)Delhi HC explains the entire law and jurisprudence on 'Stay of Demand' applications under Income Tax Act, 1961 ('Act') in the case of...
Mar 192 minLitigationIncome Tax Appeals by Revenue: Understanding CBDT's Latest Circular CBDT has widened the scope of tax appeals that the Revenue can file against the judicial orders of the tax appellate authorities. Read...
Aug 8, 20236 minLitigationInterest Calculation for Delayed Payment of TDS: ITAT Jaipur on definition of 'month'Read how ITAT interpreted definition of ‘Month’ for interest calculation under Section 201(1A) of the Income Tax Act, 1961. Introduction...
Jul 21, 20232 minLitigationHC: SEBI investigation of Broker does not deem investment as ingenuine u/s Section 68 Income Tax ActRead how the Bombay HC in a key ruling have provided relief to genuine investors in matters of section 68 (income from Penny stocks)...
May 22, 20233 minLitigationKey takeaways from the Legatum Ventures case: Tax implications for foreign investors in IndiaRead more on the same topic:
Apr 8, 20232 minLitigationCESTAT Delhi Sets the Record Straight: Following Higher Appellate Orders is Key to Avoiding TaxpayerIn a recent case, the Commissioner of Customs (Import) Vs Siya Paper Mart Pvt. Ltd., the Customs, Excise and Service Tax Appellate...
Sep 20, 20222 minLitigationDelhi HC: Clarified reopening of assessment permitted upto 30.06.2021Interpreting the Supreme Court judgement in Ashish Agarwal case, it clarified the time limit to issue notices for Reassessment under...