Explore the details of the penalty order against MSRDC Sea Link Limited for violating Section 149(1) of the Companies Act, 2013. Learn about the case, company facts, and the adjudication process
ITAT Mumbai held that interest cost incurred towards acquisition of the clear title of the property is allowable as cost of acquisition.
ITAT Delhi held that estimation of profit at 10%, instead of 8% as adopted under presumptive scheme of taxation provided u/s. 44AD, justified as the same is guided by the principles of objectivity, fairness and consideration of justice.
CESTAT Bangalore held that top gas is refuse like dross and skimmings which are merely scum thrown out in the manufacture of aluminium sheets and have been held not to be “manufactured” goods.
ITAT Kolkata held that TPO failed to demonstrate that royalty payment by assessee to Associated Enterprises (AEs) is embedded in the process of the imported goods. Accordingly, upward adjustment thereon unsustainable.
CESTAT Kolkata held that onus cast on appellant u/s 123 not having been discharged, hence concluded that contraband gold smuggled from a third country of origin is liable to absolute confiscation.
Explore the Bombay High Court’s ruling in Prakash vs ITO on Section 54/54F exemption for property sales. This case involves the deceased assessee, Timaji Dhanjode, who sold agricultural lands and faced challenges regarding capital gains tax and exemptions.
Explore customer satisfaction of Satara District Co-operative Bank, a key player in rural development. Learn about services, satisfaction levels & recommendations.
Learn about resolution to subdivide equity shares of a company. Understand process, implications, and regulatory compliance involved.
Learn about Forms AOC-4 & MGT-7 for annual filing, including their applicability, due dates, penalties, signing authorities, fees
