Uttarakhand High Court held that as per notification dated 02.08.2019, Tax Audit Reports are mandatorily required to have Unique Document Identification Number (UDIN). In absence, of the same, rejection of petitioner’s technical bids completely justified.
ITAT Kolkata held that AO failed to make required enquiries to go into the question of valuation of shares given by the accountant for the purpose of assessment of income as per provisions of section 56(2)(viib). Accordingly, revisionary power under section 263 rightly invoked.
Supreme Court held that the credit note issued by a manufacturer to the dealer, relating to the replacement of defective parts, is a valuable consideration and hence, leviable to sales tax.
A deep dive into the Kute Sons Dairys Ltd Vs PCIT case, highlighting implications of an assessment completed without proper inquiry and legal justifications for invoking revision u/s 263.
NCLAT Chennai held that condonation in filing of claim under Form-C based on bald explanation without sufficient cause for the delay is not allowable.
ITAT Ahmedabad remands Bhavesh Sureshchandra Shah’s case back to the AO for detailed verification of a Rs. 2.09 crores unexplained income claim, highlighting the need for comprehensive examination of bank statements and evidence.
Securities and Exchange Board of India (SEBI) has issued a new amendment to their 2019 Circular regarding the issue of certified copies of orders and circulars, introducing changes to the payment method for fees.
Punjab & Haryana HC in Samyak Metals Pvt Ltd Vs UOI mandates a refund along with interest on an amount recovered illegally by GST Department.
If you got injured in a car accident, you might be thinking of filing a personal injury claim to seek compensation for your economic and noneconomic damages. One of the major components of personal injury claims is dealing with insurance companies, who will try their best to minimize their payout.
Discover a step-by-step guide to filing the FC-GPR form for receiving Foreign Direct Investment (FDI) in India. Understand the process, registration requirements, and important details related to FDI.
