DRAT Chennai held that mortgage created on the basis of copy of the sale deed is not legal. Accordingly, mortgage created in favour of the Punjab and Sind Bank based on copy of the sale deed is held ...

Explains how electronic notices alone are insufficient for taxpayers lacking digital access, with courts holding such service ineffective under natural justice ...

The Tribunal held that cash deposits were fully recorded in audited accounts, making section 69A inapplicable. The addition was removed as no unexplained money was ...

Check the essential documents required to apply for a mortgage loan in India. Ensure faster approval, smooth verification, and better loan ...

Tribunal ruled that promotional scheme expenses were properly accrued and supported by evidence. Disallowance of ₹16.22 lakh was deleted, allowing assessee’s ...

Court held that cheque was issued for repayment of an unlawful job-related payment, which is not a legally enforceable debt. Acquittal was upheld as Section 138 NI Act did not ...

The Court held that civil courts retain jurisdiction to cancel registered sale deeds, as DRTs cannot adjudicate such relief. The ruling sets aside rejection of the plaint and restores the suit for ...

Explores the 11% drop in outward remittances and how revised TCS rates triggered a liquidity crunch. Key takeaway: discretionary spending fell, while education remained ...

Court held prima facie that converting property from leasehold to freehold forms part of a sale and does not constitute a supply under GST. The ruling pauses recovery of GST until further ...

Breaks down the unchanged VDA tax structure, including 30% gains tax and 1% TDS. Key takeaway: strict compliance and accurate reporting remain ...

The Court held that the final cancellation order exceeded the allegations in the show cause notice, making the action unsustainable. The matter was remitted and registration ...

SCN consultation were waived and that disputed findings should be raised in appeal. The petitioner was directed to pursue statutory ...