CBDT notification amending Rule 11UA for Angel Tax. Learn about new valuation methods, safe harbor, and implications for equity shares and CCPS.
Explore legal intricacies of GST compliance after amalgamation. Learn about registration, ITC transfer, return filing, and key considerations for a seamless transition.
Explore SEBI’s latest Master Circular providing guidance to registered Merchant Bankers, including registration matters, obligations, and other guidelines.
Know Tax benefits available to startups in India under STARTUP INDIA initiative. Learn how these incentives can fuel growth, innovation, and financial success
Explore Gujarat High Court case of Artiben Patel vs ITO regarding tax reassessment. Learn about legal arguments and conclusions in this detailed analysis.
Explore Bhailal Babubhai Patel Vs PCIT case in Gujarat High Court. Learn why a valid show-cause notice is crucial for recovery under Section 179.
Importance of Form FC-GPR under RBI guidelines for foreign investments in India. Learn filing process, due dates, and implications of late submissions
ITAT Delhi held that when the assessee has shown cash withdrawals during pre demonetization period more than the cash deposited during demonetization then the source cannot be disputed. Accordingly, addition u/s. 68 deleted.
Bombay High Court held that the reopening of the assessment order based on change of opinion without surfacing of any tangible new information is unsustainable in law and liable to be set aside.
CESTAT Ahmedabad held that construction service provided under Jawaharlal Nehru National Urban Renewal Mission (JnNURM) are exempted from the clutches of service tax. Accordingly, demand of service tax set aside.
