ITAT Bangalore remanded the working capital adjustment issue, directed TP adjustment only on AE transactions, and partly allowed the assessees appeal.

ITAT Bangalore excluded high turnover comparables, remanded inclusion of several companies for fresh examination, and partly allowed the assessees TP appeal.

Gujarat HC quashed reassessment notice issued after four years, holding there was no failure by the assessee to fully and truly disclose material facts.

ITAT Bangalore directed application of the ₹200 crore turnover filter, remanded TP analysis for support services, and partly allowed the assessees appeal.

Mumbai ITAT deleted Section 270A penalty, holding that interchange of partner's remuneration and exempt profit share was a ...

Mumbai ITAT deleted Section 68 addition on intraday penny stock trade, holding an investigation report alone could not ...

ICAI has increased the goodwill transfer period for a deceased member’s proprietary firm from one year to three years under ...

Punjab and Haryana HC allowed CENVAT credit on GP sheets, coils and aluminium sections used in air humidifier ducts, setting aside the Tribunal's order.

CESTAT held a sub-contractor liable for service tax but set aside the extended limitation demand and penalties due to absence ...

AAR held WD989/RLB989 off-road mining tyres classifiable under Customs Tariff Item 40118000 based on engineering characteristics and principal mining use.

CESTAT upheld service tax demand on sub-consultant services for the normal period and rejected invocation of the extended limitation period.

ITAT allowed Section 54F exemption, holding two flats purchased as a duplex constituted one residential house, and deleted ...