Bombay High Court rules that CIT(A) cannot dismiss appeals for non-prosecution. Tribunal’s decision to restore appeal upheld.
Sharif Ahmed And Another Vs State of Uttar Pradesh And Another (Supreme Court of India) – power to grant exemption from personal appearance should be exercised liberally, when facts and circumstances require such exemption.
Kerala HC rules CGST Act provisions are self-contained, excluding Limitation Act for appeal delays. Dismisses writ petition on grounds of time-barred appeal.
Rajasthan High Court dismisses Tanushree Logistics’ writ petitions challenging GST assessment orders, emphasizing the need to pursue statutory appeal under Section 107.
Clairvoyant India Pvt Ltd faces penalties for CSR violations under Section 135 of the Companies Act, 2013, due to non-compliance with CSR spending and committee requirements.
SEBI seeks public feedback on clarifying “pecuniary relationship” of Debenture Trustees under Regulation 13A. Comments are due by September 11, 2024.
National GST Enforcement Conference focuses on tackling fake registrations, balancing enforcement with ease of business, and enhancing compliance measures.
Section 80-IBA for 100% housing project deductions, including key amendments, conditions, and relevant judicial rulings. Effective from April 1, 2017.
Summary: Income additions by tax authorities due to discrepancies between a taxpayer’s declared income and the details in Form 26AS are common. However, these additions often lack proper verification. In cases such as Swati Mahesh Vinchurkar v. Dy. CIT, the Tribunal ruled that merely relying on Form 26AS without verifying the taxpayer’s claims is insufficient. […]
IFSCA amends the Procedure for Authority Meetings Regulations, 2024, adjusting quorum rules and introducing guidelines for media communication.
