ITAT Rules: Purchases Backed by E-Way Bills Are Genuine, Not Bogus
ITAT rules that purchases supported by valid GST e-way bills cannot be treated as bogus. Landmark judgment offers major relief to businesses, clarifies bogus purchase allegations,…
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ITAT rules that purchases supported by valid GST e-way bills cannot be treated as bogus. Landmark judgment offers major relief to businesses, clarifies bogus purchase allegations,…
Mumbai ITAT rules that WhatsApp chats cannot be treated as valid evidence without a Section 65B certificate under the Indian Evidence Act. The Tribunal deletes a ₹3.16 crore addit…
Delhi ITAT rules that LTCG exemption under Section 10(38) applies strictly to equity shares and equity-oriented mutual funds. Derivatives, unlisted shares, bonds and debentures ar…
Delhi ITAT rules that partners’ professional expenses—travel, fuel, phone, vehicle depreciation—are tax-deductible against partner remuneration. The landmark judgment in favor of …
The Supreme Court has ruled that Chartered Accountants must be treated on par with Advocates for ITAT appointments, striking down the 25-year experience requirement as unconstitut…