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Archive: February, 2024

Posts in February, 2024

Criminal Courts Are Not For Settling Scores or to Pressurize Parties to Settle Dispute: Jharkhand HC

February 20, 2024 864 Views 0 comment Print

Explore the landmark judgment by Jharkhand High Court quashing criminal proceedings, emphasizing courts arent for settling scores. Detailed analysis and key insights.

AO not considered objections of Assessee- Gujarat HC Quashed Section 148A(d) order & 148 Notice

February 20, 2024 3000 Views 0 comment Print

Gujarat High Court quashed Section 148A(d) order & Section 148 notice against Shrenik Sudhir Vimawala for AY 2018-19, mandates fresh consideration of objections.

Decoding Section 80D in 2024: Navigating New Tax Regime, Health Insurance Deductions and Medical Billing Insights

February 20, 2024 17192 Views 3 comments Print

Understand Section 80D in 2024: Learn about the new tax regime, health insurance deductions, and gain insights into medical billing.

Investigation can be assigned to SFIO during pendency of proceeding u/s. 210 of Companies Act: Karnataka HC

February 20, 2024 1482 Views 0 comment Print

Karnataka High Court held that during the pendency of proceedings u/s. 210 of the Companies Act, 2013, Serious Fraud Investigation Office (SFIO) can be assigned with the investigation, u/s. 212 of the Companies Act.

Bike Insurance Renewal Online: Is it better than offline options?

February 20, 2024 1125 Views 0 comment Print

Is online bike insurance renewal better than offline options? We compare the two choices to help you make an informed decision.

Insurance For New Car: Why Is It A Must In 2024?

February 20, 2024 1020 Views 0 comment Print

Learn why insurance for a new car is a must in 2024. Protect your investment and ensure peace of mind on the road.

Cost of funds for earning interest income, assessed under section 56 is allowable

February 20, 2024 1116 Views 0 comment Print

Dive into the ITAT Bangalore judgment – Deepa Credit Co-op vs ITO. Learn about interest income, deduction claims, and the impact on the Assessment Year 2017-18.

Gujarat HC Grants Bail in Rs. 67.72 Crore GST Fraud Case

February 20, 2024 1449 Views 0 comment Print

Gujarat High Court grants regular bail in alleged GST fraud of Rs. 67.72 Crores case, highlighting key legal considerations and accused’s rights.

Securing NPS Transactions: Aadhaar-Based Access to CRA System in Govt Sector

February 20, 2024 954 Views 0 comment Print

Explore the proactive security measures as Central and State Government Nodal Offices implement Aadhaar-based access for NPS transactions through the CRA system. Stay informed about the upcoming changes and ensure a seamless transition for enhanced authentication.

Petitioner not liable to pay penalties for wrongful availment of ITC by Supplier: Calcutta HC

February 20, 2024 4161 Views 2 comments Print

Dive into the Calcutta High Courts ruling on Fairdeal Metals case, absolving them of penalties for the Suppliers wrongful Input Tax Credit (ITC) availment. Understand the legal nuances and implications

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