In a case involving violation of natural justice, Calcutta High Court sets aside an Income Tax order for assessment year 2019-20. Details inside
In a significant decision, the Calcutta High Court dismisses a delayed revenue appeal due to a lack of diligence in filing the appeal within the prescribed timeframe.
In a recent ruling, Calcutta High Court dismisses a revenue appeal against K.B. Capital Markets Pvt. Ltd. due to tax effect falling below CBDT Circular threshold.
Calcutta High Court’s ruling that co-operative societies are entitled to Section 80P(2)(a)(i) deduction for interest earned from statutory reserves, as per Income Tax Act
In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It has been held that an arbitration agreement, which is unstamped, does not exist and an unstamped contract, containing an arbitration agreement, would not exist as it has no existence in law and it has been observed that such agreement would be impounded under Section 33 of the Stamp Act.
The Hon’ble High Court observed that for refusal of Registration under Section 11 of the Trademarks Act, it would have to be shown that the marks themselves are confusingly similar to each other, and that, owing to the similarity in the marks and the goods and services which they cover, there is a likelihood of confusion among the public, or a likelihood of the public believing the existence of an association between the marks.
Bombay Chartered Accountants Society requests a one-year deferment of Form 10B/10BB, citing challenges faced by charitable trusts in complying with the new audit requirements in India.
Learn about recent GST Authority decision to impose a 30-day time limit for reporting invoices on e-invoice portals, effective from November 1, 2023.
MCA imposed penalties for a 235-day delay in submitting Form MGT-14 for a Managing Director’s reappointment. Learn more about the case and penalties here.
Bombay High Court held that attachment of saving bank account and detention of goods in absence of duty demand without service of notice is also without jurisdiction and without any authority of law.
