In Buhler India Pvt. Ltd. Vs DCIT, the ITAT Bangalore directed the Assessing Officer to verify and grant TDS credit as per the income reflected in Form 26AS.
ITAT Chennai ruled in favor of Kethsial Justin, granting Section 54F deduction for constructing a new dwelling unit, overturning the AO’s and CIT(A)’s denial.
BMW India imports will not be classified as ‘Motor Vehicles’ or CKD kits but under their respective headings/sub-headings of the Customs Tariff Act.
An order book refers to the orders a company has received to manufacture goods or provide services. These orders will be converted into sales once the company fulfills them.
Learn about the IPO process, compliance requirements, and key steps under the Companies Act, SEBI, and other regulations. Ensure a successful public listing.
Explore the re-introduction of block assessments in search cases under the Income Tax Act effective from 01 September 2024. Learn about key provisions and implications.
The CCI noted that compliance with TRAI regulations does not preclude the possibility of a violation of competition law. The Supreme Court’s judgment in the Bharti Airtel case reaffirmed the CCI’s role in examining anti-competitive practices even when a sectoral regulator is involved.
Madras High Court rules that intelligence officers under GST can issue show cause notices if they qualify as ‘proper officers’ under Section 2(91) of the GST Act.
Madras High Court quashes assessment and rectification orders against Srinithi Enterprises, citing jurisdiction issues; directs Assistant Commissioner to review case.
Unique Bharati Publication Pvt Ltd penalized for failing to file MGT-14 under Companies Act, 2013. Penalties imposed on the company and its directors.
