Dr. B. R. Ambedkar is rightly called the “Architect of Modern India” for his unmatched contributions: He didn’t just fight ...

An arrangement was allegedly made where the OC would supply the fibre, and the CD would convert it into yarn through Shree ...

Both the appeals pertain to different assessees and arise against different orders of the Commissioner of Income Tax (Appeals ...

The assessee argued that this lack of clarity in the penalty initiation stage rendered the entire proceedings invalid.

It’s not easy, though. Rich countries like the U.S. want flexibility; poorer ones want protection. Companies fight ...

Ultra Vires, and Void under Articles 246A, 366(12A), and 265 : The Kerala High Court, 11th Day of April 2025. The Kerala Hi ...

A central issue raised was the failure of the Assessing Officer to clearly identify the specific clause under Section 270A (9) that justified the classification of the under-reported income as ...

Mumbai dealt with appeals concerning penalties levied under Section 271(1)(c) of the Income Tax Act, 1961, for Assessment Years 2010-11, 2011-12, and 2014-15. The assessee, a pharmaceutical ...

The Ugar Sugar Works Kamgar & Dr. Shirgaokar Shaikashanik Trust Nokar Co-op Credit Society appealed against the Commissioner of Income Tax (Appeals)’s order, which upheld the Assessing Officer’s ...

ITAT emphasized that in absence of specific mention of the clause under Section 270A (9), the penalty proceedings are flawed. This view aligns with precedents like Schneider Electric South Asia Ltd.

This appeal has been filed by the assessee, challenging the order of the learned Commissioner of Income Tax (Appeals)-54, Mumbai (‘ld.CIT (A) for short), passed u/s.250 of the Income Tax Act, 1961 ...

Heard both the parties at length. Case file perused.