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Court News

ITAT Mumbai Rules: Capital Gains on SAL & MHSL Shares Cannot Be Called Bogus Without Proof

ITAT Mumbai ruled that capital gains from SAL and MHSL shares cannot be labelled bogus without evidence, striking down ₹2.41 crore addition under Section 68 and ₹9.66 lakh under S…

Court News

Kerala High Court Halts Tax Recovery, Directs Income Tax Authority to Decide Stay Petition in Two Months

Kerala High Court halts Income Tax recovery against Metro Aggregates and Sand India Pvt Ltd, directing authorities to decide the pending stay petition within two months. The rulin…