CESTAT Chennai held that boiler in unassembled form is removed in several lots on different dates doesn’t mean that parts only and not the whole boiler is cleared from factory. The parts are to be classified as complete machine under 8402.10. Hence, exemption vide Sl.No.84 of Notification No.6/2006-CE dated 1.3.2006 as amended duly available.
Gujarat High Court held that misconduct charges against the auditor not sustained stating the Statute provides remedy of appeal is only available to a member of ICAI against the decision of the Board Discipline or Disciplinary Committee imposing any penalty. The same is not available to the complainant or informant.
Get answers to FAQs on filling up ITR forms for AY 2022-23. Learn about reporting residential status for non-residents, directorship in foreign companies, sale of land, unlisted equity shares, and more. Understand PAN requirements, reporting foreign assets, and details for unlisted foreign companies. Clarifications on PAN reporting for delisted companies and ISIN details for LTCG. Stay informed about specific disclosures for different scenarios and ensure accurate ITR form submissions.
ITAT Delhi held that addition of interest free security deposit sustained as the same is not refunded to the Developer even after lapse of more than seven years by merely stating that the Developer had not provided completion certificate.
Vijayawada Division’s Income Tax Department warns against false refund claims and wrongful deductions. Learn the consequences and rectify claims now.
Delhi High Court held that show cause notice issued after the expiry of the prescribed period under section 28(9) of the Customs Act, 1962 would not survive in law.
Learn about the conditions and benefits of claiming exemption under Section 54 of Income Tax Act when selling a residential house and acquiring another one.
Explore the MCA’s decision to impose penalties on Namasthe Multimedia Limited and its MD for violating section 12(1) & (4) of the Companies Act, 2013.
“Learn about the prohibitions and restrictions under Section 185 of the Companies Act, 2013, regarding loans to directors, relatives, and subsidiaries.
Learn about the contents of the Board’s Report under Companies Act, 2013, and its signing rules. Also, find out about exemptions and penalties for non-compliance.
