CESTAT Ahmedabad set aside the customs duty demand denying AIFTA benefits on imported alkalised cocoa powder, holding that the extended limitation period under Section 28(4) was not invocable and the ...

ITAT Lucknow held that cash deposits from recorded sales during demonetisation could not be taxed under Section 68 where books and stock records were accepted, and also deleted the CIT(A)s 20% premium ...

Delhi HC quashed a block assessment under Section 158BC, holding Section 143(2) notice was mandatory and post-search material could not sustain the ...

ITAT Delhi deleted the addition made on cash deposits during demonetisation, holding that rejection of books under Section 145(3) was unsupported by any specific defects or inaccuracies in the audited ...

ITAT Chennai dismissed the Revenues appeal, holding that cash deposits from recorded jewellery sales during demonetisation could not be taxed under Section 69A where books, stock records and statutory ...

SEBI allows SWP/STP standing instructions for demat mutual fund units, with phased implementation beginning by January 31, ...

SEBI cautions regulated entities and listed companies about CEO/MD impersonation scams and advises verification of fund transfer requests and cyber safety ...

IFSCA advises regulated entities to consider FATF's updated high-risk and increased monitoring lists in their AML/CFT/CPF ...

IFSCA seeks comments on expanding permitted jurisdictions for IFSC distributors by proposing UAE, Singapore, Australia and ...

ITAT Delhi upheld deletion of Section 56(2)(viib) addition, holding the provision applied on share allotment and the assessee could choose the Rule 11UA valuation ...

Delhi HC upheld deletion of Section 56 addition after holding Rule 11UA applicable for AY 2014-15 could not be replaced with the amended formula effective from AY ...

Karnataka HC set aside directions issued to GST authorities, holding the reimbursement dispute lay between contractors and employers under their ...