Sponsored
    Follow Us:

Archive: 22 May 2024

Posts in 22 May 2024

Alleged excess claim of Input Tax Credit: Delhi HC Orders Re-Adjudication

May 22, 2024 681 Views 0 comment Print

Delhi High Court restores matter to proper officer for adjudication of SCN on no excess claim of ITC. Learn about the case and its implications.

No Additions Based on Email Without Corroborative Evidence: ITAT Delhi

May 22, 2024 705 Views 0 comment Print

Read the detailed analysis of Amit Katyal Vs DCIT (ITAT Delhi) where no corroborative evidence was found to prove a Rs. 5 crore payment, leading to deletion of the addition.

Post approval of resolution plan by CoC, no new claims should be entertained: NCLT Mumbai

May 22, 2024 438 Views 0 comment Print

The NCLT Mumbai ruled that claims filed after CoC approval of a resolution plan cannot be admitted, emphasizing the need for timely claim submissions in CIRP.

Delayed Secretarial Audit Report Submission: MCA Imposes ₹16 Lakh Penalty

May 22, 2024 570 Views 0 comment Print

MCA penalizes Best & Crompton Engineering Projects Ltd. Rs. 16 lakh for delayed Secretarial Audit Report submission. Read the full adjudication order details.

Delhi HC Directs Flipkart to Combat GST Misuse by Rogue Sellers

May 22, 2024 732 Views 0 comment Print

Delhi High Court directs Flipkart to address misuse of GST by rogue sellers on its platform. Learn about the court’s order and the steps taken by Flipkart in compliance.

All deposits during demonetization should not be presumed unaccounted: ITAT Bangalore

May 22, 2024 1374 Views 0 comment Print

Discover why not every deposit during demonetization is deemed unaccounted cash. Detailed analysis of Narayanappa Munikrishnappa Vs ITO case remitted for fresh consideration by ITAT.

Rajasthan HC denies Bail in Rs. 187.68 Cr ITC Fraud case involving 47 Fake Firms

May 22, 2024 1317 Views 0 comment Print

Rajasthan HC denies bail to Dheeraj Singhal on medical grounds in a case involving Rs. 187.68 Cr ineligible GST ITC claims. Full details of the judgment.

Co-op Society can claim section 80P(2)(d) deduction on Interest Income from Co-op Banks

May 22, 2024 11373 Views 0 comment Print

The ITAT Bangalore rules in favor of GSSS Credit Co-operative Society Limited, allowing interest income from co-operative banks to qualify for deduction under Section 80P(2)(d).

Detention charges qualifies as operational debts under IBC: NCLT

May 22, 2024 279 Views 0 comment Print

Get insights into the NCLT Mumbai judgment regarding detention charges as operational debts under the IBC. Detailed analysis of ABC India Ltd. Vs Prabhakar Engineers Pvt. Ltd. case.

AO cannot reopen the assessment only on suspicion: ITAT Mumbai

May 22, 2024 4254 Views 0 comment Print

ITAT Mumbai rules in favor of V. K. Nanavaty Share and Stock Brokers Pvt. Ltd, quashing the reopening of assessment as wholly without jurisdiction under section 148 of the Income Tax Act.

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728