Where reopening was triggered only on reappraisal and re-verification of Form 26AS of assessee, which was very much available before AO during the course of original assessment proceedings itself and ... Read more..

Since in subsequent assessment year under similar facts, commission @0.5% of total deposits was added to income of assessee on the ground that assessee was an entry provider and allowed her bank accou ... Read more..

Loss suffered by assessee due to fluctuation of foreign exchange as on date of balance sheet in respect of purchase and sale of goods is an allowable expenditure under section 37(1). ... Read more..

Where no physical/offline notice was issued to or served on the assessee before passing the order of cancellation of registration, the said order was liable to be set aside. ... Read more..

Where assessment order was passed against the assessee without providing an opportunity of personal hearing to it, the said order was liable to be set aside. ... Read more..

Where assessment order was passed against the assessee without considering the detailed reply submitted by it, the said order was cryptic and was liable to be set aside. ... Read more..

Daughters of deceased shareholder filed an application for impleading them as petitioner in petition under sections 241 and 242, but the same was rejected by NCLT without considering their shareholdin ... Read more..

Show cause notice (SCN) was issued to transferor company for cancellation of its certificate of registration as commodity derivatives broker on the ground that it was not a fit and proper person, but ... Read more..

Single Judge passed order of transfer of winding up proceedings without any application for transfer to NCLT by any party and without considering the present stage of the proceedings, there was no cre ... Read more..