Month: October 2024
1,253 articlesIncome Tax
Income Tax
Unsold flats held as stock-in-trade should be treated as business stock and not Income from House Property
Income Tax
Income Tax
Non-disposal of application for registration u/s 12AA within six months didn’t result in “Deemed Registration”
Income Tax
Income Tax
Assessment order passed without serving notice under section 143(2) is liable to be quashed
Company Law
Company Law
Action u/s. 121 of I&B Code by creditor justified on failure to make payment as per repayment plan
Income Tax
Income Tax
CBDT notified ACIT/ DCIT as prescribed authority for issuance of notice u/s. 143(2): Delhi HC
Finance
Finance
IFSCA (Market Infrastructure Institutions) (Amendment) Regulations, 2024
Income Tax
Income Tax
TP assessment by TPO proceeded on incorrect appreciation of nature of service hence matter restored back
Income Tax
Income Tax
Profit attribution to Permanent Establishment in India is fact based: Delhi HC
Income Tax
Income Tax
60% depreciation was allowable on printers and routers as same formed part of an Integrated System with Computers
Income Tax
Income Tax
No TDS liability u/s 195 on sales commission paid to overseas subsidiary for non-technical services as same was not ‘FTS’
Company Law
Company Law
No tax claims should be accepted by RP after lapse of extended period of 90 days of Insolvency commencement date
Goods and Services Tax
Goods and Services Tax
HC held mere mentioning of wrong VAT provision did not invalidate order in case Authority had proper Jurisdiction
Goods and Services Tax
Goods and Services Tax
Interest entitled under DVAT on money illegally retained by department: Delhi HC
Income Tax
Income Tax
