Kotekar Vyavasaya Seva Sahakara Vs ACIT (ITAT Bangalore) Co-operative societies providing credit facilities to its members is entitled to deduction u/s 80P(2)(a)(i) of Income Tax Act.
Learn about the ITAT Bangalore ruling allowing deduction claims for interest earned from credit facilities extended to members by Chokkadi Vyavasaya Seva Sahakari Bank.
Read the detailed analysis of Madras High Court’s judgment mandating reconsideration of 10% pre-deposit in Crystal Granites vs Asst Commissioner (ST) case.
Understand GST notices: scrutiny, show cause, and demand. Learn the process, reasons for issuance, and actions required by taxpayers under the CGST Act, 2017.
Learn the steps to increase contribution and introduce a new partner in an LLP. Follow this checklist for a smooth transition and compliance.
Read the detailed analysis of the Madras HC’s judgment granting conditional return of passport to a Malaysian national facing trial for smuggling gold bars worth Rs.2.2cr.
CBDT extends Form 10AB filing to 30.06.2024. ITAT Chennai rules in favor of Earth Trust, setting aside CIT(E) order canceling registration u/s 12AB.
Meghalaya High Court ruling states pre-takeover electricity dues cannot be recovered from present owner under IBC. Detailed analysis of the judgment provided.
Madhya Pradesh HC ruled IBC proceedings do not exempt signatories from liability under NI Act. Court upheld Rs. 13.73 lakh deposit for sentence suspension.
Allahabad High Court deems reassessment notice invalid as petitioner wasn’t informed about cash deposits from M/s Agarwal Bullion. Read the detailed analysis here.