Month: May 2023
1,431 articlesIncome Tax

Income Tax
Power of reopening an assessment is a ‘power’ which should be exercised with adequate reason
Corporate Law

Corporate Law
Understanding National Company Law Tribunal and its Power
Corporate Law

Corporate Law
Application u/s 7 of IBC duly admissible as there exists financial debt and default
Income Tax

Income Tax
Rectification application dismissed in absence of substantial or collateral proceedings pending before AO
Corporate Law

Corporate Law
ED directed to continue investigation in recruitment scam in municipality
Income Tax

Income Tax
Interest on NPAs not taxable on accrual basis
Income Tax

Income Tax
New firm acquiring new plant & machinery is eligible to claim deduction u/s 80IC
Income Tax

Income Tax
No penalty under section 269SS and 269T if reasonable cause shown
Custom Duty

Custom Duty
Demanding payment of penalty despite interim order of division bench is untenable
Excise Duty

Excise Duty
Construction and other services necessary for renting of business eligible for CENVAT
Income Tax

Income Tax
Case selected for scrutiny on TP risk parameter has to be referred to TPO
Excise Duty

Excise Duty
Job-worker liable to discharge duty in absence of undertaking under notification no. 83/94-CE
Company Law

Company Law
NFRA imposes Rs. one Crore Fine on CA Firm & 5 Lakh each on partners
Income Tax

Income Tax
