Sponsored
    Follow Us:

Archive: 14 May 2024

Posts in 14 May 2024

Section 119(2)(b) Order passed without any reasoning remanded back to PCIT

May 14, 2024 1650 Views 0 comment Print

Delhi HC ruled that PCIT’s rejection of an application under Section 119(2)(b) of Income Tax Act lacked reasoning. Court remanded matter for fresh consideration.

Material gathered in search with no correlation to assessee cannot be said to pertain to assessee

May 14, 2024 774 Views 0 comment Print

Delhi High Court held that the documents which were seized during the course of search does was unsigned Agreement to sell (ATS) which does not contain name of assessee, the said material cannot be said to pertain/pertains to assessee.

Private Company Director’s Liability: Companies Act, Income Tax & GST

May 14, 2024 12345 Views 0 comment Print

Learn about liabilities of directors in private companies under different laws such as Companies Act, Income Tax Act, and GST. Understand their responsibilities and recent legal judgments.

Counterfeit Currency Case: HC Grants Bail Due to Lack of 41A CrPC Notice

May 14, 2024 4431 Views 0 comment Print

Court observed that no notice was issued under Section 41-A of Code of Criminal Procedure before arrest. Analyzing complaint, court found prima facie evidence insufficient to establish Section 420 offences, warranting bail.

Mock Test Papers Series-II & Counselling Sessions for CA Exam

May 14, 2024 2850 Views 0 comment Print

Get ready for CA Foundation June 2024 Exams with Mock Test Papers Series II & III. Check the schedule, modes, and how to register. Download Q&A!

CGST Rule 86(A) not allows insertion of negative balances in Electronic Credit ledger: Telangana HC

May 14, 2024 1899 Views 0 comment Print

Court emphasized that if no input tax credit was available in the ledger, the rule did not permit insertion of a negative balance; instead, only blocking of the electronic credit ledger was permissible.

Classification of Whole/Split/Cut Roasted Areca Nut: CAAR Delhi Ruling

May 14, 2024 516 Views 0 comment Print

Read detailed analysis of Customs Authority of Advance Ruling (CAAR) Delhi’s classification ruling on Roasted Areca Nut (Whole, Split, Cut) imports. Understanding legal implications.

A Bench of co-equal strength must follow decision of another Bench of co-equal strength

May 14, 2024 459 Views 0 comment Print

Learn how the Jharkhand High Court ruled on interest for late GST returns, why liability disputes matter, and the impact on East India Udyog Ltd.

Deposits cannot be treated as Bogus merely because of common Directors

May 14, 2024 369 Views 0 comment Print

Merely because the Directors of the two companies were common may have given rise to suspicion that the deposits received by the assessee company from the other, was bogus.

IBBI Suspends IP Registration for Lack of Due Diligence in Verifying Claims

May 14, 2024 372 Views 0 comment Print

The IBBI Disciplinary Committee’s order on 14th May 2024 addresses violations by Insolvency Professional Ankit Gupta in the CIRP of Beoworld Pvt Ltd.

Sponsored
Sponsored
Search Post by Date
November 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930