Calcutta High Court quashes interest demand and orders refund in Anita Tosniwal vs RBI case. Dispute over property ownership rights analyzed.
Received a Cost Audit Notice? Understand the reasons and take necessary steps. Applicability of Cost Audit is crucial for companies. Seek expert advice, analyze filings, and respond with proper justifications.
A critical review of the case between Graphite India Limited and the Commissioner of Customs, with an emphasis on the significance of adhering to Project Import regulations and the implications of not doing so.
Dive into the world of Non-Convertible Debentures (NCDs) and understand the taxation implications. Explore the types, features, advantages, and disadvantages. Stay informed to make sound investment decisions.
Income Tax Department of India requires that Income Tax Return (ITR) forms submitted. It includes details on the person’s income and the taxes that must be paid on it during the year. Data submitted with the ITR must pertain to a certain fiscal year that runs from April 1 through March 31 of the following year.
Ensure compliance with Section 12(3)(A) of Companies Act, 2013. Learn the legal requirements for company board format, avoiding penalties. Get expert insights from CS JINAL SHAH.
SC held that, value of items which were directly delivered to customer’s place and which never entered in factory of assessee should not be added to assessable value of goods supplied by assessee.
A last-minute application to stay LOCs for international travel met with strong disapproval and a fine from the Bombay High Court, reinforcing the importance of timely applications to court.
Read the analysis of the ITAT Kolkata order in the case of Asha Vijay Vs ITO regarding the inapplicability of Section 56(2)(vii)(b) to transfers that took place before the accounting year 2014-15. Learn how the ITAT ruled in favor of the assessee, deleting the addition made under Section 56(2)(vii)(b) of the Income Tax Act.
Read the analysis of the CESTAT Ahmedabad order regarding the absence of evidence of excise duty inclusion in the price charged from buyers. Learn how the CESTAT granted the benefit of cum-duty price and remanded the case for re-quantification of duty demand and penalties.
