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Court Quashes Attachment of Former Director's Personal Assets for Company's Tax Dues
The Hon'ble Bombay High Court in Prasanna Karunakar Shetty vs. State of Maharashtra [ Writ Petition No. 3098 of 2024 ] held that...
Apr 20, 2024


Income Tax Tribunal Upholds Disallowance of Deduction for Bogus Donations u/s 35(1)(ii)
The Hon'ble Income Tax Appellate Tribunal, Ahmedabad Bench in C K Zipper (P.) Ltd. v. ACIT [IT APPEAL NO. 4 (AHD.) OF 2023 dated January...
Apr 9, 2024


No income addition is warranted for fraudulent purchases if the goods were accurately recorded in the assessee's stock register
The Hon'ble Delhi Bench of the Income Tax Appellate Tribunal in ACIT v. Sharp Corp Ltd. [IT APPEAL NO. 6188 (DELHI) OF 2017 dated...
Apr 7, 2024
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