SEBI’s consultation paper explores options for AIFs and VCFs, proposing flexibility to handle unliquidated investments post-tenure. Explore the key proposals and their implications.
Explore the Kerala High Court’s dismissal of Nahasshukoor’s writ petition, upholding CGST Act Section 16(2)(c) and Rule 36(4). Detailed analysis and conclusions provided.
Explore the legal battle in Kaysons Infrastructure vs CBIC as Calcutta High Court examines the validity of a GST notice. Learn about the alleged discrepancies, challenges raised, and the court’s interim order.
Bombay High Court held that if an irrelevant matter is not struck off in the notice, it indicates the AO’s uncertainty regarding the basis for imposing the penalty. Such ambiguity implies non-application of mind, rendering the notice invalid.
Karnataka High Court rules against income tax reassessment after 3 years. Case: Pramila Mahadev Tadkase Vs ITO. Details of the judgment and legal implications.
Explore the withdrawal of M/s Vakrangee Hardware’s advance ruling application for the classification of Clear Float Glass at CAAR Mumbai.
Explore the withdrawal of the advance ruling application by Mayur Glass Industries concerning the classification of Clear Float Glass at CAAR Mumbai.
Brakes India Private Limited challenges GST assessment order. Madras High Court deems notice invalid due to inadequate personal hearing time. In-depth analysis and court’s directives.
Reassessment invalid for borrowed satisfaction, reasons to believe not adverting to the failure on the part of the petitioner to disclose truly and fairly all material facts, and also the change of opinion.
Karnataka High Court invalidates income tax assessment order citing incorrect email notices. Details of Sterling Urban Ventures Pvt Ltd Vs Assessment Unit case.
