Calcutta High Court, affirming the Tribunal’s findings, held that the PCIT lacked justification for setting aside the order under Section 263 without conducting a thorough inquiry.
ITAT Mumbai deletes LTCG addition in penny stock case, ruling in favor of Assessee. Landmark decision emphasizes genuine transactions and compliance.
Explore the Supreme Court judgment on penalties for goods transportation after E-way bill expiry. Detailed analysis of Vardan Associates Pvt. Ltd. vs Assistant Commissioner case.
Gain insight into the changes in Interim Budget 2024-25 with the key phrase “Changes under Income Tax in Interim Budget 2024-25”. Explore pro-people programmes, structural reforms and more from FM Sitharaman
Tax base has doubled: Key Highlights of Interim Budget 2024-25 changes under GST and reductions in prices and logistics costs benefitting taxpayers and consumers
Explore the legal intricacies of Probate, defined by the Indian Succession Act, 1925. Learn about executor roles, application criteria, compulsory situations, and the step-by-step probate process for a seamless estate distribution.
Explore the nuances of Probate and Succession Certificates, understanding their roles in validating wills and establishing heirs. Learn why and when each is required for a seamless asset transfer process.
Understand the nuances between Legal Heir and Succession Certificates. Explore their purposes, issuing authorities, documentation, and influence over assets in this comprehensive guide.
Understand legal process for Transmission of Physical Shares. Learn implications & provisions from Companies Act. Devolve title to Shares w/ Transfer vs. Transmission.
Significant reduction in penalties for Aerostructures Assemblies India by MCA over compliance issues, highlighting efforts during COVID-19. Read more.
