HUF Claim Alone Not Enough Without Documentary Evidence: ITAT Chandigarh

The Income Tax Appellate Tribunal Chandigarh held that merely claiming funds belong to a Hindu Undivided Family is insufficient without documentary proof of their source, holding, and transfer, in a case involving Rs 50 lakh life insurance purchased from alleged agricultural income.

“Certified Copies Must Be Given Even to Third Parties”: NCLAT Rules Anyone Aggrieved by NCLT Order Can Appeal

The National Company Law Appellate Tribunal, Chennai, ruled that any person aggrieved by an order of the National Company Law Tribunal may obtain its certified copy to file an appeal, even if they were not a party to the original proceedings.

Big Relief for Rajinikanth: CESTAT Sets Aside Service Tax Demand Against Rajinikanth in Property Lease Case

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal set aside a Rs 56 lakh service tax demand against actor Rajinikanth, ruling hotel buildings are exempt from service tax under the Finance Act, 1994 provisions.