Analysis of Jigna Chetan Mehta Vs ACIT case about the validity of assessment proceedings in absence of a proper notice under section 143(2) of IT Act.
Discover legal remedies when a party files a wrong affidavit. Explore options like motions for correction or striking out, contempt proceedings, and civil actions for damages. Case laws such as Ram Saran Hansraj v. Dharanidhar Barman and M.G. Agarwal v. Hussainbhai provide insights. Uphold truth in judicial proceedings.
Explore demergers and tax consequences in Indian corporate context. Understand the demerger process, rationales, modes, and forms. Learn about the advantages and tax effects, including capital gains, written down value, unabsorbed business losses, GST, and stamp duty implications. Navigate through the complexities of demerger under the Companies Act and Income Tax Act for informed corporate decisions.
ICSI Approved a uniform minimum stipend of Rs. 5,000/- (Rupees Five Thousand Only) per month for the students (both Executive & Professional Programme) registering for Practical Training (Company/Company Secretary in whole-time practice/other entities) on or after 01st August, 2023.
Uncover the details of the ITAT Ahmedabad ruling in Surendra Ramdhar Yadav vs ITO, where the tribunal condoned a 259-day delay in filing an appeal due to medical treatment. Explore the implications and impact of this case on the legal landscape.
Bajaj Finserv EMI Network Card is a simple financing solution that lets you make online and offline purchases on easy, affordable No Cost EMIs. So, rather than taking a loan or breaking into investments to make the payment upfront, you can convert your spends into easy EMIs.
Advocates’ Tax Bar Association urges the Finance Minister to abolish Reverse Charge Mechanism for registered dealers, citing burdensome compliance, corruption, and hindrance to SMEs.
Explore the recent case verdict by CESTAT Bangalore regarding K Kiran Tyres Vs Commissioner of Customs, focusing on the confiscation of illegally imported goods without a valid license.
AAR ruled that ITC is admissible for goods purchased from outsourced vendors when consideration is settled through book adjustment, subject to conditions outlined in Sections 16, 17 and 18 of CGST Act and their corresponding rules.
Insightful analysis of the recent case between the Commissioner of Customs and Doosan Infracore India Pvt. Ltd., where CESTAT Chennai dismissed the appeal of the revenue department on the sanction of the SAD refund claim.
