ITAT Pune held that receipt of government grant-aid after commencement of cold chain facility is nothing but subsidy for running business more profitably or meeting daily business expenses and hence ...

Consequently, the Rs 20 lakh loan amount was added to Mr. Sanghvi’s income as unexplained credit, and the corresponding interest deduction of Rs 3,66,041 was also disallowed. The assessee’s counsel ...

The Gujarat High Court dismissed an appeal filed by Pavankumar M Sanghvi , challenging the Income Tax Appellate Tribunal’s (ITAT) decision to uphold additions of Rs. 20 lakhs and Rs. 3.66 lakhs under ...

State of U.P. & Another, the Allahabad High Court addressed a critical issue under the Goods and Services Tax (GST) framework, ruling that a tax order imposing a higher demand than what was outlined ...

The ITAT highlighted that the CIT (E) rejected the applications on grounds of non-compliance, despite the trust providing all necessary information within the stipulated deadline. This action was ...