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Archive: March, 2024

Posts in March, 2024

Police Chargesheets Must Meet Section 173(2) CrPC Requirements: SC

March 14, 2024 2406 Views 0 comment Print

Learn from the latest Supreme Court judgment how police officers must ensure comprehensive details in chargesheets as per Section 173(2) CrPC. Non-compliance is strictly viewed.

SIP myths and facts: What you need to know

March 14, 2024 1689 Views 0 comment Print

Investing can be a daunting prospect, especially for those venturing into the world of Systematic Investment Plans (SIPs) for the first time. In this article, we’ll demystify common SIP myths and unveil the facts, providing a clear understanding of what you need to know to make informed investment decisions.

U.S. President Proposes 30% Crypto Mining Tax in 2025 Budget

March 14, 2024 864 Views 0 comment Print

In a recent revenue proposal document released on 11 March, the U.S. administration overseen by Joe Biden put forward a proposal for a 30% excise tax on crypto mining activities.

MCA Imposes Penalty for Companies’ Failure to Mention CIN on Documents

March 13, 2024 7431 Views 0 comment Print

Read about the penalties imposed by MCA for companies not mentioning CIN on official documents. Get insights into the adjudication process and its implications.

Kerala HC Dismisses Writ Against Section 271AAC Penalty order

March 13, 2024 1389 Views 0 comment Print

Ashley Cherian’s writ challenging Income Tax orders under section 271AAC dismissed by Kerala HC due to failure to produce documents. Details here.

Kerala HC Upholds Dismissal of Appeal for Unconvincing Reason of Delay

March 13, 2024 687 Views 0 comment Print

Kerala High Court upholds dismissal of income tax appeal due to 115-day delay, citing lack of evidence for website glitches.

KVAT: Kerala HC Dismisses Writ petition for Lack of Merit

March 13, 2024 504 Views 0 comment Print

Kerala High Court dismisses Aji Thomas’s writ appeal challenging an order under the KVAT Act, citing lack of merit. Details of the case explained.

Personal Hearing Mandatory for IT Act Section 148A(d) Orders: Kerala HC

March 13, 2024 2031 Views 0 comment Print

Kerala High Court dismisses Revenue appeal, upholding the necessity of a personal hearing before issuing orders under Section 148A(d) of the Income Tax Act.

No Service Tax On Ocean Freight/Sea Transportation Services: Bombay HC

March 13, 2024 4485 Views 0 comment Print

Bombay High Court rules in favor of Sanathan Textile Pvt Ltd, stating no service tax is liable on ocean freight. Read the detailed analysis and conclusion here.

Service Tax cannot be imposed without Identification of Service & Consideration: CESTAT

March 13, 2024 2490 Views 1 comment Print

Dive into the analysis of Kuoni Travel India Pvt Ltd vs Pr. Commissioner of Central Excise (CESTAT Delhi) case where the court emphasized identifying specific services and consideration received for levying service tax.

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