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SEBI seeks public comments on a draft circular clarifying rules on associations with persons engaged in prohibited activities. Comments due by Dec 27, 2024.
ITAT Bangalore held that no separate benchmarking of royalty payment required when the margin is accepted to be at arms length price (ALP) by the TPO. Thus, appeal of the revenue dismissed.
Kerala High Court held that considering merits of the matter while deciding application for condonation of delay for filing revised returns not justified.
Written submission against wrong cash deposit notice under Section 148A(b), highlighting errors and lack of independent inquiry.
Allahabad HC slams UP police for detaining a pregnant woman and her child, imposing Rs 1 lakh compensation, and urging reform.
Exempted perquisites for salaried taxpayers, including medical, food, phone facilities, gifts, and more under the Income Tax Act, 1961.
ITAT Bangalore rules penalty under Section 271B cannot be levied for technical breach without malafide intention, in the case of Chinnayellappa Chandrashekar.
Analysis of the NCLT Chandigarh judgment on Haldirams Snacks and Haldiram Foods restructuring under Section 230-232 of the Companies Act, 2013.
Detailed analysis of NCLT Ahmedabad’s order on Suzlon Global Services Ltd and Suzlon Energy Ltd merger under Sections 230-232 of the Companies Act, 2013.
