Learn common tax compliance issues faced by startups & small businesses, including lack of awareness, documentation errors, wrong business structure & missed tax filings.
Punjab and Haryana HC ruled on the waiver of pre-deposit under Section 33(5) of HVAT Act, directing the appeals to be heard based on financial hardship. Writ petitions allowed.
Learn about Special Notices under Companies Act, 2013 for removal of directors/auditors and procedural rules for issuing such notices as per legal requirements.
ITAT Mumbai remands case on capital gain exemption for two adjoining flats under Section 54F, directing physical verification of flats by the Assessing Officer.
Madras High Court held that addition towards difference between purchase value and guideline value without awaiting report of valuation officer, as matter was referred to valuation officer, is clearly unsustainable.
Supreme Court held that employee has withdrawn his resignation before its acceptance by employer as there are clear indications that there was no finality to the letter of resignation.
Delhi High Court held that deduction of tax by Land Acquisition Collector is duly, however, the same was not reflected in Form 26AS. Thus, petitioner cannot be penalized for mere reason that Form 26AS suffered from a discrepancy.
Andhra Pradesh High Court held that claim not part of resolution plan stand extinguished on the date of approval of resolution plan and no person will be entitled to initiate or continue any proceedings in respect to a claim, which is not part of the resolution plan.
Madras High Court held that matter rightly transferred from jurisdiction of registered office to place of business as search was conducted based on place of business and incriminating material were seized based on place of business.
Calcutta High Court dismissed the review penalty as imposition of penalty for non-updation of Part-B of e-way bill rightly reduced to INR 50,000/- due to non-disclosure of cogent reasons.
