Explore the landmark judgment by Himachal Pradesh High Court on defamation. Learn why calling someone corrupt is defamatory, emphasizing the right to criticize without resorting to abuse.
Explore the conversion of a private limited company to public status. Learn regulatory provisions, prerequisites, and the step-by-step process outlined in the Companies Act, 2013
Introduction: Equalisation Levy, introduced by the Indian government, aims to tax specific digital services provided by non-resident e-commerce operators. It ensures taxation in India for income derived from digital services. Applicability of Equalisation Levy: Equalisation Levy is governed by Section 165 and Section 165A of the Finance Act, 2016, not the Income Tax Act, 1961. […]
Delhi High Court halts NFRA proceedings against CA Unnikrishnan Menon, challenging show cause notice for irregularities in Quess Corp audit and TDS claim under Income Tax Act.
Explore the Delhi High Court ruling in Aasanvish Technology case, stating that jurisdiction for adjudication rests with the commissionerate issuing SCNs with the highest demand. Understand the implications for cases involving multiple notices
Explore the legal battle between Directorate General of GST Intelligence and Manish Goyal over bail cancellation for GST offenses. Analyzing court orders and arguments
Explore ITAT Chennai’s ruling in Smt. Chandrasekaran Valarmathi vs. ITO case. Section 56(2)(vii)(b)(ii) of the Income Tax Act won’t apply when property is purchased for business use of a partnership firm.
Karnataka High Court held that incorrect claim or erroneous claim would not amount to willful evasion. Further, mere fact of not accurate tax, not exact tax or erroneous tax would not lead to the proceedings under Section 276 of the Income Tax Act.
ITAT Mumbai held that surplus on redemption of treasury bills is taxable under the head Capital Gains and not under the head ‘Profits and Gains of Business’.
Delhi High Court held that Section 138(2) of the IT Act would prevail over Section 22 of the RTI Act. Thus, Central Information Commission (CIC) order directing to provide copies of the file notings granting the approval relating to PM CARES Fund under Right to Information (RTI) liable to be set aside.
