Calcutta High Court held that Tribunal duly examined the terms and conditions of the agreement and found that warranty clause is in-built. Accordingly, provision of warranty is duly allowable.
Explore the regulations governing Related Party Transactions (RPT) under the Companies Act, 2013. Understand the definitions, procedures, and conditions for RPT, along with the implications of non-compliance.
Delhi High Court held that procedure prescribed under rule 7 of the Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 is to be followed for any party (including the person who participated in the anti-dumping investigation) requires any information. Rule 7 procedure cannot be bypassed by resorting to RTI.
Understand the treatment of loans from directors or shareholders in compliance with the Companies Act, 2013. Explore exemptions, disclosure requirements, and procedures for loans from directors and members.
Dharmendra M. Jani Vs Union of India (Bombay High Court) HC held that provisions of Section 13(8)(b) and Section 8(2) of the IGST Act are legal, valid and constitutional, provided that the provisions of Section 13(8)(b) and Section 8(2) are confined in their operation to the provisions of IGST Act only and the same cannot […]
Explore the changes in the Income Tax regime post-Budget 2023 and determine whether the Default or Old Tax Regime is more beneficial for you. Understand the implications, benefits, and factors influencing your choice for optimal tax planning.
Gujarat High Court held that when the goods are perishable in nature, the authorities should act with greater swiftness to proceed with the adjudicatory mechanism and take a final decision. Accordingly, conditional provisional release of goods granted.
Understand the consequences of non-compliance with maintenance of Books of Accounts, Statutory Registers, and Minutes Book under the Companies Act 2013. Learn the provisions, penalties, and recent case laws for comprehensive compliance.
Patna High Court held that the petitioner must be extended the statutory benefit of stay under Sub-Section (9) of Section 112 of the B.G.S.T. Act, for he cannot be deprived of the benefit, due to non- constitution of the Tribunal.
In India, people use a form called ITR to tell the government how much money they earned and what they own. This form has information about their personal and financial details. It is like a report card where people declare how much tax they owe and how much refund they can get. Usually, people fill out this form on a computer, but some older people can also do it by hand.
