The building, namely Kanchanjunga was constructed in the year 1972 by its promoters M/s Kailash Nath & Associates which had engaged some persons to look after the security of the building maintenance and cleaning of the common area of the building and lift etc.
Supreme Court held that while deciding custody of minor children, the only paramount consideration is the welfare of the minor. The parties’ rights cannot be allowed to override the child’s welfare.
Steelsmith Continental Manufacturing Pvt Ltd faces penalties for late filing of E-form SH-7 under Section 64 of the Companies Act, 2013.
Karnataka High Court held that deeming fiction under section 405 of the IPC would be attracted only when there is deduction made by the employer and not otherwise. In absence of deduction, the deeming fiction cannot be invoked nor could there be said to be an offence amounting to criminal breach of trust.
CESTAT Mumbai held that rejection of request for amendment of shipping bills u/s. 149 of the Customs Act, 1962 on the ground of delay unjustified as legal provisions doesn’t prescribe any specific time limit.
CBIC has extended export-related benefits for courier shipments in India, boosting e-commerce exports and providing a level playing field for exporters.
The GST Council forms a Group of Ministers (GoM) to review and suggest GST rates on life and health insurance, with a report due by October 30, 2024.
GST levy issue due to turnover mismatch between Form 26AS and GSTR 3B; case remanded for violating natural justice by denying an opportunity of hearing.
ITAT Ahmedabad held that claim of exemption u/s. 10(38) on sale of shares rightly disallowed as assessee failed to prove genuineness of transaction and long-term capital gain on sale of shares was an arranged affair to convert its own unaccounted money.
Punjab and Haryana High Court held that cash seized cannot be adjusted against tax liability as advance tax and hence interest under section 234B of the Income Tax Act on delayed payment of advance tax duly leviable.
