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Archive: 02 December 2024

Posts in 02 December 2024

IFSCA (Informal Guidance) Scheme, 2024

December 2, 2024 684 Views 0 comment Print

IFSCA launches Informal Guidance Scheme to address legal and regulatory queries for businesses in IFSC from January 2025.

Karnataka HC directs Fair Hearing in Property Tax Dispute Case, Stays coercive actions

December 2, 2024 438 Views 0 comment Print

Karnataka HC orders fair hearing in property tax dispute, barring coercive actions against petitioner. Court emphasizes due process and rights in property cases.

No Delay in Appeal Filed Within Extended Limitation Period per SC Suo Moto Writ

December 2, 2024 798 Views 0 comment Print

ITAT Cuttack rules no delay in appeal filing under COVID-19 limitation extension. Case remanded to Assessing Officer for readjudication and fresh evidence review.

PAN Linking Error by bank Leads to Addition: ITAT Directs reconsideration

December 2, 2024 936 Views 0 comment Print

ITAT directs fresh examination in Ambasa Babansa Raibagi case due to PAN linking error, remitting the Rs. 25.66 lakh addition back to AO.

Section 148 Notices Invalid Due to Non-Compliance with Faceless Assessment Procedure

December 2, 2024 2406 Views 0 comment Print

The Punjab and Haryana High Court ruled on tax notices under Section 148, setting aside the jurisdictional proceedings in the case of Fastway Citizen Cable Network.

Ex-Directors not liable for GST demand on transactions after Resignation: Patna HC

December 2, 2024 5328 Views 0 comment Print

Patna HC rules GST demands cannot be imposed on ex-directors for transactions post-resignation. Petitioners must clarify liability to Assessing Officer.

Coastal Shipping Bill, 2024 introduced in Lok Sabha

December 2, 2024 570 Views 0 comment Print

The Coastal Shipping Bill, 2024, introduced in Lok Sabha, aims to regulate coastal trade, boost domestic participation, and enhance maritime connectivity in India.

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