Day: September 28, 2023
40 articlesIncome Tax

Income Tax
Deletion based on evidences produced before CIT(A) without giving opportunity to AO violates rule 46A
Income Tax

Income Tax
Once assessment order is passed Dispute Resolution Panel not empowered to give direction
Corporate Law

Corporate Law
Nexus between disease & cause of death have to be proved in order to repudiate claim: NCDRC
Corporate Law

Corporate Law
Sale proceeds of seized vehicle would be calculated at depreciation rate @ 40% of actual invoice value
Excise Duty

Excise Duty
Service of veterinary and technical and laboratory testing not taxable under Business Auxiliary Services
Income Tax

Income Tax
Addition u/s 68 unsustainable as assessee’s involved in price manipulation not established
Custom Duty

Custom Duty
Provisional release granted due to inaction on part of Custom department
Income Tax

Income Tax
Claim already accepted during regular assessment cannot be reassessed u/s 148 without new tangible material
Company Law

Company Law
Company Penalized for Failing to Maintain Director-Related Contracts Register
Income Tax

Income Tax
Forfeiture of share application money being capital receipt is not taxable
Goods and Services Tax

Goods and Services Tax
Penalty u/s. 122 imposable for default in tax payment on wrong claim of input tax credit
Income Tax

Income Tax
Deduction u/s 80P(2)(a)(i) available to Souharda Co-operative Society if requirement of mandatory fund is satisfied
Excise Duty

Excise Duty
Recovery of CENVAT Credit against Input Service Distributor u/r 14 of CCR, 2004 unsustainable
Income Tax

Income Tax
