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    AO cannot reject the prescribed method of Valuation, ITAT deletes addition under Section 50CA  The Assessee1 is an individual, engaged in business of trading of shares. The Assessee transferred 801 shares in Cash Grail (P) Ltd (‘CGPL’)
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

AO cannot reject the prescribed method of Valuation, ITAT deletes addition under Section 50CA

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    Merck Life Science Private Limited Vs Union of India & Ors [ WP 27259 of 2024], dated 7 November 2025.  The Petitioner, engaged in providing intermediary services to foreign entities, had, under a bona fide belief, treated such serv
Indirect Tax Shailendra padhiyar Indirect Tax Shailendra padhiyar

Merck Life Science Private Limited Vs Union of India & Ors [ WP 27259 of 2024], dated 7 November 2025.

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    Kerala HC upholds proviso to section 194A(3) of Income tax Act, 1961 for high-turnover co-operative societies  The Hon’ble Kerala High Court (hereinafter referred to as ‘the Court’) in the case of Vellangallur Peoples Welfare Co-Operati
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

Kerala HC upholds proviso to section 194A(3) of Income tax Act, 1961 for high-turnover co-operative societies

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    Cash Compensation for delay in flat handover not taxable under Section 50C  Suvarna Chandrakant Bhojane (‘the Assessee’), had entered into a development agreement for construction of flats on her land. As per the terms of the agreement,
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

Cash Compensation for delay in flat handover not taxable under Section 50C

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