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Archive: 23 April 2024

Posts in 23 April 2024

Digital Piracy & Copyright Enforcement: Approaches to Tackling Online Infringement

April 23, 2024 1458 Views 0 comment Print

Explore comprehensive approaches to combat digital piracy & enforce copyright laws, including legal, technological, educational strategies, & international cooperation.

Liquidator Fees under Regulation 4(2)(b): NCLAT Delhi Ruling

April 23, 2024 978 Views 0 comment Print

Analysis of Ashok Kumar Gulla vs State Bank of India case on payment of liquidator fees under Regulation 4(2)(b) of Liquidation Process Regulations by NCLAT Delhi.

Direct Issuance of Form SVLDRS 3 violates Natural Justice Principles: Bombay HC

April 23, 2024 510 Views 0 comment Print

Bombay High Court condemns the issuance of SVLDRS Form 3, directs issuance of Form 2, affirms petitioner’s right to a personal hearing. Read the full judgment here.

Homebuyers, Regardless of RERA Decree, belong to same category of allottees: NCLT

April 23, 2024 1497 Views 0 comment Print

Dive into the NCLAT judgment on the implications for homebuyers under RERA, analyzing Section 7(1) of the IBC and the distinction between allottees and decree holders.

CESTAT allows cross-examination despite deliberate delay on the part of appellant to cross-examine

April 23, 2024 426 Views 0 comment Print

The impugned order detailed the efforts made by the revenue authority to provide the necessary documents and opportunities for cross-examination. It concluded that the appellant’s delay in cross-examination was merely a tactic to delay the adjudication process. The order upheld the revised report of Shri N J Lalwani and confirmed the demand of duty.

ITAT deletes Addition which were based on Manual Cash Books in Section 153A Assessments

April 23, 2024 855 Views 0 comment Print

Explore the ITAT Delhi ruling on deletion of additions based on manual cash books in Section 153A assessments.

No section 276CC prosecution in absence of “Mens Rea”: Rajasthan HC

April 23, 2024 945 Views 0 comment Print

Explore the Rajasthan High Court’s judgment on delayed ITR filing, emphasizing the necessity of ‘mens rea’ for offense establishment. Full analysis provided.

ITAT allows Section 80P(2)(i) deduction on income from credit facilities for non-agricultural purposes to members

April 23, 2024 543 Views 0 comment Print

Learn how Enayetpur S K U S Ltd secured Section 80P(2)(i) benefits for providing credit facilities for non-agricultural purposes to members according to ITAT Kolkata’s ruling.

FAQ On Reporting of Share Market Transaction in Income Tax Return

April 23, 2024 26295 Views 1 comment Print

In the past few years, Share market has given tremendous return to its investors and traders if they have invested their hard earned money with some logics. Many of them have earned profits, on the other side there are also peoples who have incurred losses due to Future & Options trading, Intraday Trading, investment in […]

Bombay HC set aside Rs. 3731 Crore GST Penalty Demand from employees

April 23, 2024 3405 Views 0 comment Print

Read about landmark judgment by Bombay High Court in Shantanu Sanjay Hundekari v. Union of India and Ors, where a penalty demand of Rs. 3731 Crore was overturned. Learn implications for employees and companies under Section 122 (1A) of CGST Act.

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