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Archive: 27 June 2023

Posts in 27 June 2023

Charge under Transfer of Property Act, 1882

June 27, 2023 18438 Views 0 comment Print

Understand the nuances of a charge under the Transfer of Property Act, 1882, exploring its essentials, differences from mortgages, and the distinction between fixed and floating charges. Delve into legal intricacies, including crystallization of charges and relevant case laws, to grasp the complexities associated with property transactions.

Writ not entertained because of availability of alternate appeal remedy

June 27, 2023 339 Views 0 comment Print

Madras High Court didn’t entertained the writ petitioner as appeal remedy available before the appropriate authority. Accordingly, petitioner directed to preferred appeal under the provisions of TNGST Act, 2017.

All About Vendor Assessment on GeM (Government e-Marketplace)

June 27, 2023 33042 Views 0 comment Print

Learn about the vendor assessment process on the GeM portal, its benefits for sellers, and the necessary documents required for assessment. Professional Utilities offers expert services for GeM vendor assessment.

Corporate Compliance: Navigating Legal Obligations and Challenges

June 27, 2023 1509 Views 0 comment Print

Dive into the complexities of corporate compliance, exploring legal obligations and challenges faced by businesses. From regulatory frameworks to anti-corruption laws, data protection, occupational health and safety, and India-specific challenges like labor laws and GST, understand the multifaceted landscape. Stay informed to navigate the dynamic legal environment and ensure ethical business practices.

ITAT Quashes Covid-19 Pandemic Income Tax Revision Order

June 27, 2023 606 Views 0 comment Print

A comprehensive analysis of ITAT Pune’s landmark judgement in the Subhash Devidas Mind Vs PCIT case, wherein a revision order passed during the Covid-19 pandemic was quashed.

Calcutta HC dismisses Assessment Order Passed during Writ Petition Pendency

June 27, 2023 486 Views 0 comment Print

Gain insights into the landmark ruling by the Calcutta High Court in SKP Infrarealty Pvt Ltd. & Anr vs Union of India case, regarding non-participation in income tax proceedings and the principle of natural justice.

GST: No pre-deposit required in case tax is fully deposited – Calcutta High Court

June 27, 2023 921 Views 0 comment Print

Calcutta High Court, in the case of Liakhat Ali Mallick v. State of West Bengal, set aside the order requiring the assessee to make a pre-deposit of 20% of the interest liability. Gain insights into the ruling and its implications for GST cases.

Dispute maintainable on basis of invoices in absence of expressly written contract

June 27, 2023 5025 Views 0 comment Print

In present facts of the case, the Hon’ble Bombay High Court have held that Section 27 (3) expressly states that an obligation of a limited liability partnership, whether arising in contract or otherwise, shall be solely the obligation of the limited liability partnership.

Gujarat HC Dismisses misconceived WP under Section 73(9) r.w.s 78 & 107 of GST Act

June 27, 2023 666 Views 0 comment Print

The Gujarat High Court dismissed the writ petition filed by Stallion Energy Private Limited challenging provisions under Section 73(9) r.w.s 78 and 107 of Gujarat Goods and Services Tax Act, 2017. This significant case explores taxation proceedings and refund claims.

CIT(A) cannot enhance assessment on a ground that is not a subject of rectification order

June 27, 2023 960 Views 0 comment Print

Explore the Ahmednagar Investments Pvt. Ltd. vs DCIT case where the ITAT Mumbai rejected the claim of LTCG under section 10(38) due to the non-submission of documents, subsequently quashing the order.

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