The new auditor, as per the established procedure, sought a no objection from the earlier auditor, who raised certain objections. Those issues were resolved later on, which led to the delay in the audit of the accounts of the assessee.
High Court was incorrect and wrong in quashing the criminal prosecution only on the ground that the tribunal has granted stay, subject to condition of pre-deposit, of the recovery of the tax and the penalty amount.
Madras High Court ruling on interest levies under TNVAT, TNGST, and CST Acts, emphasizing timely payment of admitted taxes to avoid interest after four years.
Explore the implications of Town Essential Pvt. Ltd. vs. CIT (ITAT Bangalore) case. Learn about fair market value, valuation methods, and the significance of the ITAT ruling.
Explore the Madhav Kumar Swarup vs. ACIT case where the attribution of credit card expenditure is contested. Detailed analysis and conclusions provided.
Application is liable to be filed under section 97 for obtaining the advance ruling in advance not during the pendency of any issue before the authority.
Explore the case of Bookmywish E-Commerce facing a penalty under Section 271D for accepting cash loans. Detailed analysis of legal perspectives and implications.
Explore Gouri Shankar Jain case against CIT(A) regarding disallowance under Section 40A(3) for repairs. Detailed analysis, exceptions under Rule 6DD(k), and the tribunal decision.
Explore the CESTAT Delhi ruling in Ceramic Tableware case against the Commissioner of Customs. Analysis of clerical error, redemption fine, and penalty under Sections 112(a)(ii) and 114AA.
Explore the Patna High Court decision granting provisional bail to Rahul Yadav in an Excise Case involving illicit liquor. Case details, analysis, and conditions for bail.
