Pune court issues notice to Baba Kalyani Gaurishankar in partition suit by sister Sugandha Hiremath
Hiremath sought appointment of a court receiver in her partition suit, alleging that her brothers control the promoter shares ...
Bombay HC To Decide GST Rate On Donuts And Cakes: 5% As Restaurant Service Or 18% As Bakery Product?
Mumbai: The Bombay High Court is set to decide whether donuts and cakes should be classified under restaurant services, ...
Tax Guru33m
AO Cannot Add New Income if Reassessment not includes Originally Alleged Escaped Income
Section 147 allows reassessment if the AO has a “reason to believe” that income has escaped assessment. The Finance (No. 2) Act of 2009 inserted Explanation 3 to Section 147, clarifying that the AO ...
Tax Guru37m
AO Cannot Reassess Other Income Without Assessing Initial Grounds: Calcutta HC
Calcutta High Court, in the case of CIT vs. Infinity Infotech Parks Ltd, addressed the validity of reassessment proceedings initiated by the Income Tax Department under Section 147 of the Income Tax ...
HC clears Adani firm’s jetty project near Alibag amid environmental concerns
The court, while recognising the project’s economic benefits, emphasised the necessity of stringent environmental safeguards ...
No basis for FIR against cops in Badlapur sexual assault encounter: State to HC
The case stems from the sexual assault on two four-year-old students in August 2024 within the toilet of their pre-primary ...