CESTAT Bangalore held that cross-model utilisation of discount resulting into undervaluation are inadmissible under section 4 of the Central Excise Act, 1944.
ITAT Mumbai held that confirmation of addition u/s. 69A and 68 of the Income Tax Act without finding any fault with the evidence submitted justifying the transaction is totally unlawful and accordingly liable to be set aside.
Madras High Court held that compensation paid to ESOP holders qualifies as perquisite and hence taxable under the head ‘salary’. The same cannot be treated as capital receipt.
Patna HC quashes re-assessment order against liquidated company, emphasizing the Liquidator’s right to be heard under the IBC. Re-assessment to proceed with Liquidator’s participation.
Himachal Pradesh High Court rules that offences under the NI Act can be compounded even after conviction, following settlement between parties.
Explore the Sovereign Gold Bond (SGB) premature redemption schedule for October 2024 to March 2025. Key dates and procedures for investors to redeem their bonds.
Explore the key aspects of the Competition Act, 2002, focusing on Chapters VII and VIII on competition advocacy and financial management.
जानिए कृषि मंडी व्यापारियों के लिए ई-वे बिल के नियम, जिनमें आवश्यकता, मूल्य सीमा, वैधता और आवश्यक दस्तावेज शामिल हैं।
Learn about the clubbing provisions under the Income Tax Act, covering income transfers, revocable transfers, and taxation of income from assets transferred to family members.
Understand the provisions of Sections 269SS, 269ST, and 269T under Indian tax law, their implications, and reporting requirements in Form 3CD for tax audits.
