Sudhir Kumar Tiwari Vs ITO (ITAT Allahabad) It is apparent that the Assessing Officer initially initiated the scrutiny proceedings to examine the cash deposit of Rs. 18,00,000/- during the demonetization period. However, on verification of the bank account as well as the reply of the assessee as well as bank, the Assessing Officer found that […]
Think and Learn Private Limited Vs PCIT (ITAT Bangalore) Conclusion: An assessment order passed by an Assessing Officer, deciding on an issue pending before the AAR, in contravention of the mandate laid down in Section 245R(2)(i) of the Income Tax Act, 1961, would not make the entire assessment order void. Held: PCIT, under section 263 […]
In present facts of the case, the Hon’ble High Court observed that in no manner under Commercial Courts Act, the Jurisdiction of the High Court under Section 11 has been either disturbed or divested in matters of appointment of an arbitral tribunal as provided for under section 11 of the Arbitration and Conciliation Act, 1996
Key Companies Act, 2013 provisions for website disclosure by Public Unlisted Companies outlined. Explore requirements, including contact details, change of objects, notice of meetings, voting mechanisms, deposit circulars, subsidiary audit accounts, postal ballot details, unpaid dividend statements, CSR policies, vigil mechanisms, and more. Stay compliant and informed with the comprehensive list of disclosures for public unlisted companies under the Companies Act, 2013.
Whether the company is maintaining proper records showing full particulars, including quantitative details and situation of Property, Plant and Equipment.
Explore the IMFs World Economic Outlook for July 2022, revealing a challenging global economic landscape. Uncover key insights into the economic slowdown, inflation concerns, and the impact on various regions. Delve into IMF’s projections, prescriptions, and SDR allocations, shedding light on India’s economic performance amidst the COVID-19 aftermath. Discover how nations are grappling with declining GDP, rising bond yields, and equity market fluctuations. Gain valuable perspectives on India’s efforts, including vaccination drives and financial assistance, as it navigates through these unprecedented times.
MCA crackdown on Chinese shell companies in India SFIO arrests mastermind & chief plotter After the simultaneous search and seizure operations conducted by the Ministry of Corporate Affairs on 8th Sept. 2022, on the offices of Jillian Consultants India Private Ltd, a wholly owned subsidiary of Jilian Hong Kong Ltd., at Gurgaon, Fininty Pvt Ltd at […]
HC held that National Highway Authority is the best judge to decide which land would be suitable for the construction of the Highways.
For considering value for refund under Section 173L of Central Excise Act, what is required to be considered is value of returned goods
CESTAT held that Cenvat credit of Service Tax paid on the insurance premium on the insurance policies taken for the employees of the Appellant which is covered under the Employees State Insurance Act. 1948 as well as the Factories Act, 1948 are eligible for Cenvat credit as per Rule 2(l) of the Cenvat credit Rules, 2004.
