CESTAT Ahmedabad held that fact of clandestine manufacture and clearance thereof is established, however, since there is no clinching tangible evidence or any corroborative evidence to establish the appellant as a manufacturer, liability of duty, penalty cannot be fastened.
Explore the latest amendments to the Insurance Ombudsman Rules, 2017 by the Ministry of Finance. Changes in financial services institutions, resignation protocols, awards, and more.
Explore statutory obligations for foreign entities in India under CA, 2013. Learn about registration, financial statements, and compliance requirements.
Explore the dematerialization process mandated by the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023, affecting private companies. From rules to procedures, understand the shift from physical shares to electronic holdings.
Facing tax-related issues? Learn how to resolve grievances effectively as a Deductor on the TRACES website. Step-by-step guide for a smooth process.
Unravel complexities of accounting, audit, and taxation in Future and Option transactions. Learn nuances of declaring profits and losses, maintaining books, and impact on income tax returns.
Rule 25 – In case of physical verification of the business premises, verification report shall be uploaded within fifteen working days from the date of such verification.
Legal complexities unraveled: SC verdict on weapon recovery from public spaces unreliable. Manjunath’s case redefined parameters of evidence in India #WeaponRecovery #SupremeCourt #PublicSpaces
In a case involving contract expenses, ITAT Ahmedabad rules that no TDS is applicable under Section 194C of the Income Tax Act for purchase expenses, setting aside the disallowance.
Delhi High Court sets aside an assessment order in a case involving wrongful allegations of non-current investments made in share application money of an entity.
