Day: September 12, 2023
57 articlesIncome Tax

Income Tax
ITAT Mumbai Imposes Cost for Ignored Tax Proceedings
Income Tax

Income Tax
Donation out of accumulated funds u/s. 11(2) are not allowable as application of income
Income Tax

Income Tax
CBDT notifies Multi Commodity Exchange Investor (Client) Protection Fund Trust U/s. 10(23EC)
Company Law

Company Law
Penalty Reduced from Rs. 2 Cr to 12 Lakh for Premature Use of Share Application Money
Corporate Law

Corporate Law
GIFT City: India’s Financial Powerhouse by the Sabarmati
Fema / RBI

Fema / RBI
Master Direction – Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2023
Company Law

Company Law
MCA Penalizes company for Non-Inclusion of Sexual Harassment Compliance in Board Report
Company Law

Company Law
Section 149(1) Violation- Women directors non-appointment- MCA Imposes Penalty
Income Tax

Income Tax
Interest incurred for acquisition of clear title of property allowable as cost of acquisition
Income Tax

Income Tax
Profit estimation of 10% instead of 8% adopted under presumptive taxation scheme justified
Excise Duty

Excise Duty
Top gas is refuse and cannot be held to be manufactured goods
Income Tax

Income Tax
Royalty not embedded in import price paid to AE hence adjustment unsustainable
Custom Duty

Custom Duty
Smuggling of contraband gold from third country of origin liable to absolute confiscation
Income Tax

Income Tax
