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Archive: June, 2024

Posts in June, 2024

Madras HC quashes GST Assessment Order for Lack of Natural Justice

June 15, 2024 399 Views 0 comment Print

Read the detailed analysis of Madras High Court’s judgment mandating reconsideration of 10% pre-deposit in Crystal Granites vs Asst Commissioner (ST) case.

Notice Under GST: A Brief Analysis

June 15, 2024 1551 Views 0 comment Print

Understand GST notices: scrutiny, show cause, and demand. Learn the process, reasons for issuance, and actions required by taxpayers under the CGST Act, 2017.

Checklist of Increase in Contribution by Way of Introducing New Partner in LLP

June 15, 2024 393 Views 0 comment Print

Learn the steps to increase contribution and introduce a new partner in an LLP. Follow this checklist for a smooth transition and compliance.

Madras HC allows Return of Passport to Smuggling accused on Humanitarian ground

June 15, 2024 165 Views 0 comment Print

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.

ITAT quashes order rejecting Section 80G registration application (Form 10AB)

June 15, 2024 525 Views 0 comment Print

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.

Electricity dues not part of resolution plan gets extinguished upon CIRP approval

June 15, 2024 117 Views 0 comment Print

Meghalaya High Court ruling states pre-takeover electricity dues cannot be recovered from present owner under IBC. Detailed analysis of the judgment provided.

IBC Proceedings Don’t Bar liability for bounced Cheque: Madhya Pradesh HC

June 15, 2024 198 Views 0 comment Print

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.

Reassessment notice invalid if petitioner was not provided with complete details

June 15, 2024 483 Views 0 comment Print

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.

Checklist for Issuing ESOP under Companies Act, 2013

June 15, 2024 1425 Views 0 comment Print

Explore the provisions, eligibility, steps, and disclosures for Employee Stock Option Plans (ESOP) under the Companies Act, 2013 and related rules.

Delhi ITAT Quashes Reassessment for Non Receipt of Information at the time of Issuance of Section 148 Notice

June 15, 2024 525 Views 0 comment Print

Santosh Khunteta vs. ITO (ITAT Delhi): Appeal on reassessment order for AY 2010-11. Key grounds include validity of notice and reassessment jurisdiction.

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