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Finance

“India one of the fastest growing territories for CFP certification, has a young population that’s willing to learn”, FPSB Chiefs

When equity markets are caught in turmoil, many investors either stop their investments or, worse, withdraw. Panic-stricken investors need a guiding hand. There’s one...

Finance

ESOP Discount Deductible as Business Expense: Karnataka HC

CIT Vs Biocon Ltd. (Karnataka High Court) In CIT vs. Biocon Ltd., the Karnataka High Court examined whether discounts on the issuance of Employee Stock...

Finance

Delhi HC Quashes Faceless Tax Assessment for Denying Personal Hearing

Sanjay Aggarwal Vs National Faceless Assessment Centre (Delhi High Court) Delhi High Court has set aside an assessment order issued by the National Faceless Assessment...

Finance

Gujarat High Court Quashes Income Tax Assessment Over Lack of Hearing

Agrawal Jmc Joint Venture Vs Assistant/Joint/Deputy/ACIT/ITO (Gujarat High Court) The Gujarat High Court has set aside an income tax assessment order totaling over ₹107 crore...

Finance

Calcutta HC Upholds ITAT Order: Share Sale Gains Treated as Capital Gains

CIT Vs Century Plyboards (I) Ltd. (Calcutta High Court) Calcutta High Court has upheld the order of the Income Tax Appellate Tribunal (Tribunal), ruling in favor...

Finance

Gujarat HC Dismisses Revenue’s appeal on bogus purchases of ₹5.19 crore

PCIT Vs Tejua Rohitkumar Kapadia (Gujarat High Court) In the case of PCIT vs. Tejua Rohitkumar Kapadia, the Gujarat High Court dismissed a tax appeal...

Finance

Section 68 Inapplicable: Depositor Identity, Source Established & Recorded in Books

Sakthi Realty Holdings Ltd. Vs DCIT (ITAT Chennai) The Income Tax Appellate Tribunal (ITAT) Chennai addressed appeals by two assessees concerning assessments for the 2014-15...

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