Discover the process and regulatory framework for issuing bonus shares in a private company under the Companies Act, 2013. Learn about conditions and steps involved.
Explore the case of DCIT Vs. Bengal Brahmaputra Realty Limited (ITAT Guwahati) and understand the significance of incriminating material in income tax assessments for completed or unabated years.
Marson Industries secures victory as Madras High Court sets aside orders due to lack of communication on GST proceedings. Detailed analysis of the judgment provided.
Kerala High Court’s ruling on Malabar Parota as bread for GST classification. Detailed analysis of Modern Food Enterprises Pvt. Ltd. Vs Union of India case.
Read the full judgment of Madras High Court setting aside tax liability due to inadvertent error in GSTR-1, corrected in GSTR-3b. Detailed analysis provided.
ITAT Chennai held that rejection of application in Form No. 10AB for seeking approval u/s. 80G(5)(iii) of the Income Tax Act by treating it as time barred under gist that CBDT circular no. 22/2022 dated 01.11.2022 didn’t provide extension of time limit is unjustified.
Learn about the provisions and impact of delayed payments to MSME vendors under The Companies Act, 2013 and The MSME Act, 2006. Ensure compliance and avoid penalties.
Explore flaws in IND AS 116 lease accounting, its detour from accounting principles, and the dual recognition problem, with proposed solutions.
आज हम अधिवक्ता अधिनियम 1961 के अंतर्गत नामांकित अधिवक्ता की नियुक्ति, निलंबन और बर्खास्त होने की प्रक्रिया के संबंध में एक वाद जो सुप्रीम कोर्ट के समक्ष आयाI जिसमें बार काउंसिल आफ इंडिया के तत्कालीन अध्यक्ष श्री वी सी मिश्रा के विरुद्ध सर्वोच्च न्यायालय द्वारा निलंबन की कार्रवाई की गई ।इसके विरोध में सुप्रीम कोर्ट […]
ITAT Delhi held that that cash sales that is already offered as income cannot be taxed in the grab of inflation sales to cover up demonetization currency. Accordingly, addition u/s. 68 of the Income Tax Act directed to be deleted.
