Day: September 15, 2023
52 articlesCompany Law
Company Law
Format of Ordinary Resolution to Approve Related Party Transactions
Income Tax
Income Tax
Treatment of cash deposited out of sales as income u/s 68 unjustified as sales not disputed
Excise Duty
Excise Duty
Remand order of de novo adjudication passed after 18 years unsustainable
Income Tax
Income Tax
Setting off of speculative losses against non-speculative profit unsustainable
Income Tax
Income Tax
Higher rate of tax in case of foreign company is not in violation of non-discrimination clause
Company Law
Company Law
Auditor fined Rs.1,00,000/- for non-filing of ADT-3 for resignation
Service Tax
Service Tax
No Service Tax on Recharge Coupon/Mobile Connection Handling commission from BSNL
Corporate Law
Corporate Law
Disqualification u/s 29A of IBC unjustified as related party ceased to be in helm of affairs of corporate debtor
Income Tax
Income Tax
Payment of guarantee fees to holding company for loan advanced to third party is deductible u/s. 37
Income Tax
Income Tax
Payment of guarantee fee to Gujarat Government is revenue expenditure
Income Tax
Income Tax
Delay in filing of an appeal by departmental officers not condoned in absence of sufficient cause
Income Tax
Income Tax
Transfer of agricultural land used for agricultural operations not liable to tax
Income Tax
Income Tax
When fresh assessment is barred no further demand for recovery is possible
Goods and Services Tax
Goods and Services Tax
