The Tribunal upheld restriction of disallowance where interest-free funds were higher than tax-free investments. It reaffirmed that...
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The Tribunal held that when interest-free funds exceed exempt-income investments, no interest disallowance under Section 14A can...
The courts held that when depreciation on goodwill is allowed after detailed examination, the assessment cannot be...
Authorities cannot insist on adding an irrevocable clause in trust deeds for Section 12A renewal when the...
Capital gains exemptions on property sales often lead to litigation due to Section 54 timelines and unclear...
The issue was whether revision could stand on incorrect factual assumptions. ITAT held that misreading records makes...
The issue was whether additions can rest on seized loose sheets termed as dumb documents. The Tribunal...
The AAR held that medicated toilet soap cannot claim the 5% GST rate meant for ordinary toilet...
The ruling refused to admit the application, noting that the pure agent issue on electricity reimbursement had...
This explains how IDS refunds work under GST for MOOWR and DTA supplies. The key takeaway is...