5. It was further submitted that the petitioner is ready and willing to pay 10% of the disputed tax and that he may be ...

The term ‘Banking Business Hours’ are the minimum number of hours that IBU shall provide services from its premises in IFSC.

The assessee on show cause resisted the proceedings by filing a response. According to the assessee there was no intent to ...

Mohanty Enterprises case, which allowed the revocation of cancellation for entities willing to comply with tax obligations.

The appellant argued that although they had initially waived the claim of Rs. 1,57,818/-, they later found documents that ...

Jharkhand High Court ruled in favor of Shri Sai Super Market, addressing the disallowance of Input Tax Credit (ITC) worth ₹11 ...

The assessee contended before the Commissioner of Income Tax (Appeals) [CIT (A)] and subsequently the ITAT that sufficient ...

In the case of Prakash Iron Store Vs State of U.P., the Allahabad High Court addressed a petition challenging the GST demand ...

To address such issues, Section 194R was brought in for deduction of TDS on benefits or perquisites valued above ₹20,000 ...

Held: In the instant case, the disallowance of interest expenses was made by AO by taking view that assessee had shown unsecured loan of Rs. 16,36,297/- and had also given loan and advances of Rs. 11, ...

Before ITAT assessee supported his submission before CIT (A) and revenue supported on the orders of lower authority.

Madras High Court held that provision for leave salary is not allowable as deduction under section 43B (f) of the Income Tax Act since deduction of actual payment is allowable and not of provision.