Nidhi

About the author

Nidhi is a Bachelor of Commerce student from Delhi University. As a content writer at Finvestment, I specialize in crafting insightful and engaging financial content Related to Mutual Funds, Stocks, Personal Tax, Insurance Etc...

MAT u/s 115JB Does Not Apply to Banks Constituted as ‘Corresponding New Banks’: ITAT Upholds CIT(A)’ Order

ITAT Deletes Penalty of Rs. 300 Cr on Central Bank for of Disallowance of Bad Debts Written off The Income Tax Appellate Tribunal (ITAT), Mumbai,...

Delhi High Court Refuses to Grant Relief in Fake ITC Fraud Case: Petitioner Directed to File GST Appeal

Delhi High Court Refuses to Grant Relief in Fake ITC Fraud Case: Petitioner Directed to File GST Appeal In a recent ruling, the Delhi High...

ITAT Deletes Addition of Unexplained Cash Deposits Due to Change in Sales Pattern

ITAT Deletes Addition of Unexplained Cash Deposits Due to Change in Sales Pattern The ITAT in one of its recent rulings deleted the addition of...

TDS Credit Must Be Given Even if Employer Fails to Deposit Tax: ITAT 

TDS Credit Must Be Given Even if Employer Fails to Deposit Tax: ITAT  The Income Tax Appellate Tribunal (ITAT), Delhi, has recently held that the...

Section 54 Deduction Can Be Claimed for Property Purchased Abroad Before AY 2015-16: ITAT

Section 54 Deduction Can Be Claimed for Property Purchased Abroad Before AY 2015-16: ITAT The Income Tax Appellate Tribunal (ITAT), Delhi, in a recent order...

ITAT Sets Aside Assessment Orders Issued Against Deceased Person

ITAT Sets Aside Assessment Orders Issued Against Deceased Person The Income Tax Appellate Tribunal (ITAT), Delhi, has recently quashed reassessment orders that were passed against...

ITAT Finds No Unexplained Credit After Loan Repayment Made to Lender’s Creditors

ITAT Finds No Unexplained Credit After Loan Repayment Made to Lender's Creditors In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai, ruled in...

No Income Tax Addition for Unexplained Investment on Wife When Husband Funded Property Purchase: ITAT

No Income Tax Addition for Unexplained Investment on Wife When Husband Funded Property Purchase: ITAT In an important order, the Income Tax Appellate Tribunal (ITAT),...

GST: Clear Evidence of Fraud Required for Section 74 Action

GST: Clear Evidence of Fraud Required for Section 74 Action The Allahabad High Court has held that the tax authorities cannot take action under Section...

Expired E-Way Bill Alone Does Not Amount to Tax Evasion: Allahabad HC

Expired E-Way Bill Alone Does Not Amount to Tax Evasion: Allahabad HC The Allahabad High Court has recently held that just the expiration of an...

Fusible Interlining Fabric Falls Under Chapter 52: AAR

Fusible Interlining Fabric Falls Under Chapter 52: AAR The applicant, M/s Girish Pravinchandra Rathod, manufactures textile articles, including Fusible Interlining Fabrics of cotton. This product...

Liquidated Damages Do Not Constitute Supply Under GST: AAR

Liquidated Damages Do Not Constitute Supply Under GST: AAR The applicant, JBM Ecolife Mobility Surat Pvt Ltd, provides mobility solutions, primarily for public transportation and...

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