Read the detailed analysis of the ITAT Delhi verdict in Pooja Mittal vs PCIT case, addressing the issues of Long Term Capital Gain and supervisory jurisdiction under Section 263.
Registrar of Companies Andhra Pradesh issues notice for removal of 93 LLP names from the register. Learn more about the notice and its implications.
Discover why Input Tax Credit (ITC) safety in GST is uncertain for businesses. Explore reasons, challenges, and proposed government actions for safeguarding ITC.
The MCA has penalized Richesm Healthcare Limited for making private placement offers without closing previous ones. Learn more about the violation and penalties imposed.
In the vast alphabet of investment options available in the Indian market today, the Tax Saving Fixed Deposit (FD) has been standing out as a popular choice for countless investors.
If AO adopts a plausible view, even if two views are possible, the assessment cannot be deemed erroneous merely because the PCIT holds a different opinion.
Detailed analysis of the ITAT Jodhpur decision in Gaurav Purohit vs PCIT, covering the grounds of appeal, legal arguments, and implications for future cases.
The court highlighted that jurisdiction under Section 263 should not be exercised at the instance of the assessing officer. This precedent reinforced the Tribunal’s decision to set aside the PCIT’s order in Reeta Lakhmani’s case.
Explore SEBI’s latest circular allowing NRIs, OCIs, and RIs to participate in FPIs based in IFSCs, detailing regulations, eligibility, and compliance requirements.
SEBI’s 206th Board Meeting in Mumbai approved key measures including delisting flexibility, FPIs disclosure framework, and cybersecurity guidelines. Read the full details.
