Registrar of Companies, Karnataka, imposes an 8 Lakh penalty on Ceratizit India Private Limited for not disclosing CSR non-spending reasons. Full details and implications
Orion Security Solutions P. Ltd. Vs DCIT (Delhi High Court) Headnote: TDS and TCS have to be adjusted against the amount arrived at by applying the rate of 20% against the tax crystalized as per the assessment order. Facts in brief: 1. The Assessee had filed its return of income for the assessment year 2021-22 declaring […]
In this essay, we will explore the arguments in favor of abolishing income tax in India and analyze its potential impact on the nation.
Discover the essential forms and deadlines for annual filing of a One Person Company (OPC) under the Companies Act, 2013. Simplify compliance and maintain limited liability.
Article explains key points you need to know when it comes to choosing between the New and Old Tax Regimes and how revisions to your tax return are affected.
In the case of Gurjant Singh Beant Singh vs. Commissioner of Central Excise, CESTAT Chandigarh clarifies service tax threshold calculation and classification issues.
In Panihati Rubber Ltd. vs. Commissioner of Central Excise case, appellant self-reversed CENVAT credit during an audit, avoiding need for an SCN.
Read full text of CESTAT Chennai order in N.M. Zackriah & Co. vs. Commissioner of Service Tax, emphasizing need for strict compliance with exemption conditions
ITAT Ahmedabad’s order in Lincoln Pharmaceuticals Ltd. vs. DCIT, confirming addition due to insufficient evidence for promotion expenses.
Read full text of Supreme Court’s order in Sapna Flour Mills Ltd vs. Union of India & Ors, disposing of special leave petition with liberty to revive in future.