Learn how SEBI secured ISO/IEC 27001:2022 certification for its Information Security Management Systems, reinforcing its commitment to cyber resilience and operational excellence.
ITAT Mumbai held that non-examination of the details clearly makes the order of AO erroneous and prejudicial to the interest of revenue. Accordingly, PCIT correctly assumed the revisional jurisdiction under section 263 of the Income Tax Act.
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Assessee-company had entered into a Purchasing Agreement with M/s. Hindustan Unilever Ltd. whose main business was manufacture and sale of detergents, etc.
The contention of assessee-company that the person issuing the show cause notice i.e., Special Director was “the” Adjudicating Authority and all proceedings pursuant to the show cause notice issued by him should be continued and concluded by the person issuing the show cause notice and no other was rejected.
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Gain insights into tax regimes for assessment year 2024-25. Learn about deductions, setoffs, and more. Choose the right regime before filing your income tax return.
Understand the process of condonation under Section 119(2)(b) for filing returns with genuine hardship. Learn about the time limits and steps involved.
CESTAT Hyderabad ruled that confiscating gold without corroborative evidence is unjust. Learn about the case of Kogatam Sadik Basha Vs Commissioner of Central Tax Preventive.
Learn about the revised framework for fund borrowings by large corporates (LCs) under Regulation 50B of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, promoting ease of doing business.
