Income Tax
Income Tax

Partner’s Cash Withdrawal Against Credit Balance Is Not a Loan: ITAT Deletes ₹15 Lakh 271D Penalty
ITAT Raipur deletes ₹15 lakh Section 271D penalty, holding that a partner's cash withdrawal against his capital balance is not a loan under Section 269SS.
Income Tax
Income Tax
Business
Business

Duplicate Appeals and Unmonitored Email Fail to Justify Delay Before ITAT Hyderabad

ITAT Deletes ₹2.29 Crore PF/ESI Disallowance Under Sections 143(1) and 154

Mphasis’ emissions reduction targets validated by Science Based Targets initiative

UBS AG acquires 4.8% stake in 360 ONE WAM through warrant conversion
Income Tax
Goods and Services Tax

GST Credit on Resort Construction: What Safari Retreats Actually Decided and Why Bengaluru GSTAT Denied ITC

ITC on IPO Expenses Allowed for Fresh Issue, Not OFS: Telangana AAR

57th GST Council: Health & Life Insurance ITC – Section 17(5)(b)(i) Changes, Eligibility & Practical Impact

57th GST Council: Free Samples ITC– Section 17(5)(h) Changes, Eligibility & Practical Impact
Corporate Law

SARFAESI Proceedings Cannot Be Challenged Through Writ When Alternative Remedy Exists: Himachal Pradesh HC

PMLA Section 45 Bail Conditions Cannot Override Article 21: Supreme Court

SC Orders Possession Despite Decades of Resistance to Specific Performance Decree

GST Order Copying SCN Without Considering Reply Set Aside: P&H High Court
Custom Duty

CBIC Clarifies Acceptance of New Zealand Electronic Certificates of Origin Under FTA

CESTAT Chennai Quashes Customs Penalty as Mere Importer Introduction Does Not Establish Wrongdoing

Customs Electronic Evidence Admissible Without Prescribed Certificate Format: Supreme Court

Chennai Customs Mandates Section 49 Storage Advisory for Imported Goods Facing Clearance Delays
Company Law

Form MSME-1 Filing Due Date, Applicability & Penalties

MCA Form CRA 4 for FY 2025 26 Filing Trigger and Cost Audit Report Checks

NCLAT Delhi Imposes ₹5 Lakh Exemplary Costs for Concealing Earlier NCLT Order and Multiplying Litigation

Kerala HC Quashes NCLT Order Rejecting Impleadment Despite Disputed Share Transfer Signatures
CA, CS, CMA
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CA Manish Gugliya (FCA, DISA, M.Com.) is a practicing Chartered Accountant with over 20 years of…





















