Recent ruling by Rajasthan High Court on applicability of reduced stamp duty to lease deeds where rent is fixed and no premium is paid or delivered in the case State of Rajasthan Vs Indus Tower Ltd.
MCA imposes penalty on Ringming Hotels And Restaurants Private Limited for violating section 118 of Companies Act, 2013. Company failed to hold board meetings and annual general meetings, resulting in penalties. Get insights into the order and its implications.
In the case of Navyug Cotton Company vs. ITO, ITAT Pune held that deduction for claimed bad debts can be allowed based on write-off, thereby eliminating the requirement to prove that debt actually became irrecoverable
Infres Methodex Private Limited Vs ACIT – Delhi High Court allows a 20% adjustment of refund against Income Tax demand
ITAT Delhi in Jubilant Securities Pvt Ltd Vs DCIT case, highlighted the rule that disallowance under Section 14A cannot exceed exempt income
ITAT Jaipur in Yogendra Khandelwal Vs ACIT, mandates re-adjudication for penalty imposed under Section 271(1)(c) without adequate hearing.
ITAT Delhi in Padam Singhee Vs DCIT ruled that penalties under section 271AAA of Income Tax Act cannot be levied without a recorded statement
ITAT Cuttack – Abani Pattanayak Vs ACIT- ITAT ruled that maintenance and electricity charges not in the form of deposits are excluded from property cost for computing LTCG
Discover the benefits and legal framework of share buybacks under the Companies Act 2013. Learn how buybacks can improve financial ratios, support share prices, and signal confidence to investors.
Unlock the insights into Ind AS 24 Related Party Disclosures. Learn its scope, identification of related parties, disclosure requirements, and the significance it holds for transparency and governance in financial reporting. Comply with Ind AS 24 for trustworthy financial statements.
