Sunil Jain Vs Income Tax Department (Delhi High Court) HC Court is also of the opinion that just because the Appellate Authority has the power to modify an assessment order with regard to a source of income that has not been considered during assessment proceedings does not mean that the jurisdiction of the authorities under […]
National Petroleum Construction Company Vs DCIT (Supreme Court of India) Indira Banerjee, J. Leave granted. 2. This appeal is against the judgment and final order dated 20th December 2019 passed by High Court of Delhi dismissing the Writ Petition being Writ Petition (C) No.8527 of 2019 filed by the Appellant against the refusal of the […]
Unlock the intricacies of Secretarial Standard-1 on Board Meetings (SS-1). Navigate the nuances of convening meetings, notice requirements, quorum rules, and more. Simplifying compliance for effective corporate governance. Applicable to all companies, except OPC and Section 8 Companies.
Explore the basics of accounting with a focus on General Purpose Financial Statements and their Qualitative Characteristics. Learn how financial information caters to informed decision-making for investors, lenders, and creditors. Dive into the four essential qualitative characteristics: Understandability, Relevance, Reliability, and Comparability, ensuring financial statements provide meaningful and reliable insights for effective analysis and decision-making.
HC held that no recovery of Central Excise Duty, interest, and penalty can be made without service of adjudication order
“Explore the impact of GST on pre-packaged and labeled commodities with insights from the 47th GST Council meeting. Learn about changes in taxation criteria and its alignment with Legal Metrology Law. Navigate through the detailed analysis of the trade and industry impact, including the scope of pre-packaged and labeled commodities. Stay informed on the new GST rate chart for specified food items from Chapter Heading 1 to 21 of Customs Tariff, applicable since 18th July 2022.
