Explore FAQs on penal charges in loan accounts based on RBI Circulars. Learn about application, exemptions, and guidelines for fair lending practices.
जानिए वस्तु एवं सेवा कर अधिनियम 2017 के तहत न्यायिक निर्णयों का विस्तृत विश्लेषण और रिफंड नियम 89(2) की अर्थपूर्णता।
Read case of Monarch & Qureshi Builders challenging an ITAT Mumbai order, highlighting jurisdictional issues in Section 143(2) notice for quashing assessment.
The Bombay High Court recently delivered a significant judgment in the case of New India Assurance Company Limited Vs ACIT, reshaping the landscape of tax law.
Explore the ethical foundations for tax compliance in Sikhism, drawing lessons from Sri Guru Granth Sahib Ji. Understand the principles of honesty, sharing, and societal well-being.
Understanding the financial year of a company is crucial for accurate financial reporting and compliance. Section 2(41) of the Companies Act, 2013, defines the financial year and sets the standard for its determination. This article delves into the reasons companies may choose to change their financial year, the process involved, and the compliance steps required. […]
Read the full text of CESTAT Kolkata’s order on the Commissioner of Customs vs. Sawetri Trading Company case. Analysis reveals key factors influencing customs duty demand on Poppy Seeds.
Delhi High Court ruling on PCIT vs Trojan Developers Pvt. Ltd. AO’s enquiry on high premium shares and HC’s critique of Section 263 exercise. Full text of judgment.
Delhi High Court quashes the cancellation of GST registration for Radhey Trading Company, citing insufficient details in the show cause notice and retrospective cancellation order.
Read ITAT decision on the eligibility of a cooperative society for a deduction under Section 80P(2)(d) of the Income Tax Act. The case, Keyyur Primary Agricultural Co-operative Society Ltd. Vs ITO, addresses interest income on investments in a cooperative bank without a banking license.
