New ITC rectification process under Section 16(5) & 16(6) of CGST Act allows correction of past orders, offering relief to taxpayers. Apply by 07-04-2025.
ITAT condones 19-day delay in Geetha Gopalan vs DCIT due to outdated email address and remits case to CIT(A) for fresh adjudication. Appeal allowed for statistical purposes.
Madras High Court held that two equal time additions towards purchase suppression is unwarranted. Thus, two equal time additions deleted, however, addition towards purchase suppression and penalty u/s. 16(2)(d) of the Tamil Nadu General Sales Tax Act, 1959 sustained.
ITAT remits Syed Ariff’s case to CIT(A) after hearing notices were sent via email despite his request in Form 35 to avoid email communication. Fresh adjudication ordered.
Guwahati High Court held that tender process for construction of Assam Type Sub-Centre Building under Animal Husbandry & Veterinary Department work is not allocated in accordance with law and accordingly, directed to allocate balance of works to eligible bidders.
MCA amends Cost Accountants Act, appointing Dr. Anju Rathi Rana as presiding officer of the Election Tribunal. Effective from the publication date.
Ministry of Corporate Affairs amends Chartered Accountants Act, appointing Dr. Anju Rathi Rana as presiding officer of Election Tribunal. Effective from publication date.