Delhi High Court rules that ITAT cannot recall an order u/s 254(2) of the Income Tax Act after four years. Insights on CIT vs L.G. Electronics Korea.
ITAT Mumbai ruled that an assessment order against a non-existent entity (Pipal Research Analytics) is invalid. Insight into Crisil Ltd vs ACIT case.
CESTAT Ahmedabad rules in Quality Technocast case that allegations of goods diversion to Domestic Tariff Area must be based on evidence, not assumptions
On the one hand the Revenue has made demand of central excise duty on goods consumed in the finished goods and on the other hand it is demanding duty on the finished goods which is wrong. Even if there is any duty demand, the same shall be restricted only upon finished goods. The raw material duty cannot be demanded as the same were consumed for intended purpose of manufacture.
Explore vital role of MSMEs in India’s growth, benefits, eligibility, registration process, and more. A complete guide for entrepreneurs and businesses.
Unraveling SEBI’s 2023 Notification on the (Depositories and Participants) (Second Amendment) Regulations. Dive into its implications, changes, and key takeaways.
SEBI announces the Third Amendment to the Securities Contracts Regulations pertaining to Stock Exchanges and Clearing Corporations for 2023.
