AO cannot scrutinise Income Tax return without issuing section 143(2) notice and order without such notice suffers from patent irregularity and it cannot be made a foundation for subsequent proceedings either 263 or any other proceeding.
PCIT Vs Gautam Bhalla (Delhi High Court) Appellant states that the ITAT has erred in holding that the addition which was not based on incriminating material found during the search, could not be made the basis for an assessment order under section 153A of the Income Tax Act, 1961 without going into merits of the […]
The Prime Minister, Shri Narendra Modi dedicated 75 Digital Banking Units (DBU) across 75 districts to the nation via video conferencing.
Learn about the latest changes in the Companies (CSR Policy) Amendment Rules, 2022. Understand the impact on CSR Committees and compliance with Companies Act, 2013.
AEO (Authorized Economic Operator) is the Status certification that provides international recognition to a business entity involved in the international supply chain.
Charge means an interest or lien created on the property or assets of a Company or any of its undertakings or both as security and includes a mortgage.
Comments / feedback on the XBRL being introduced for submission of Announcements pertaining to Acquisition, Amalgamation, Merger/De-merger, Sale or disposal of unit, Other Restructuring
HC observed that SARFAESI Act is a code in itself and remedy provided under Section 17 is an expeditious and effective remedy available to an aggrieved person. The SARFAESI Act under Section 17 provides for an efficacious and efficient remedy to adjudicate the grievances of a borrower and the DRT has the power to determine whether the actions of an ARC are in compliance with the SARFAESI Act.
In present facts of the case, the Hon’ble Delhi High Court while providing relief to the Appellants have observed that any untoward incident i.e. injury or death caused during travelling in Trains have to be compensated by the Railways and the plea of negligence of the victim as a contributing factor will not fall under the proviso to Section 124-A of the Railways Act.
National Consumer Disputes Redressal Commission observed that Educational matters do not come within the purview of the Consumer Protection Act, 1986 and therefore Educational Institute would also not fall within the purview of it.
