Mansukh Timbadia Vs ACIT (ITAT Pune) In this case scrutiny of entries of seized loose papers reveals that the transactions noted thereon were not genuine and have no evidentiary value for the reason no clear details concerning the AY consideration are ascertainable as rightly pointed by the ld. AR as it establishes estimations only. This […]
Tribunal was justified to tax tyre, tube and flaps when sold along with tractor-trolley as a single unit to be taxed separately @ 12.5% [up to 31.03.2011] and 13.5% [after 01.04.2011]
Learn about the recent judgement by the Honble High Court of Punjab & Haryana on Section 43B applicability for Electricity Duty paid by electricity distributors. Read here to find out how the court ruled!
Learn what key board resolutions & minutes private limited companies need and how to format them to ensure good governance and legal requirements. Key phrases: Format of Key Board resolutions & Minutes – Private Limited Companies
Examining the causes of Corporate Fraud in India: India has seen a rise in cases of fraud in recent years, learn more about the laws enacted to combat it. Have banks been able to stop the menace?
Request to issue special one-time relaxation for cases where the time limit for filing of appeal u/s 107 of the CGST/SGST Act is expired and no appeal has been filed and to increase the period of condonation of a delay from one month to one year.
Representation against Extension of time limit under section 54 to 54GB without extension of Income Tax Return due date Vidarbha Industries Association has made a Representation against recent CBDT Circular No. 1/2023 Dated 06.01.2023 by which time limit for compliance to be made for claiming any exemption under Section 54 to 54GB of the Income-tax […]
NRIs can buy commercial properties in India. Discover the provisions and procedures for buying property, types of properties and foreign investment classes. Can NRI (Non Resident India) purchase Commercial property in India?
Amendment In Import-Export Code (IEC) Provisions: Discover the Post Amendment to the Foreign Trade Policy 2015-2020 under Ch.1 & Ch.2. Know procedure to obtain e-IEC from DGFT.gov.in.
Until the Indian Law of Partnership came into force, the Indian Courts used to deal with disputes between business partners in accordance with the customs and usages then prevalent in the country.
