The Orissa High Court addresses TDS credit denial in Malay Kar Vs Union of India. Issues include mismatched Form 26AS entries and employer non-compliance.
Section 179(1) of Income Tax Act is explicitly applicable only to private limited companies and does not extend to public companies. As there is no similar provision for public companies
Petitioner presented medical reports to justify delay in GST Appeal Filing but court emphasized that statutory provisions regarding limitations are binding.
ITAT Pune ruled on multiple appeals in Bharati Vidyapeeths case, addressing issues on exemptions under Sections 11, 13, 10(23C), and validity of Section 153C notices.
Orissa HC addresses challenges to the initiation of tax assessment and the retrospective effect of the amendment to Section 132(1) of the Income Tax Act.
The Allahabad High Court reduced the penalty imposed on Singh Traders, modifying it to twice the tax amount under Section 129(1)(a) of the U.P. GST Act.
ITAT Delhi dismissed Revenue’s appeal in the case of Mehta Charitable Prajanalaya Trust, addressing issues related to charitable income and expense claims.
GSTN issues Clarifications on discrepancies in Table 8A and 8C of GSTR-9 for FY 2023-24 due to ITC reporting changes.
SEBI cautions investors against transacting on unauthorized platforms for unlisted public company securities. Only recognized stock exchanges are allowed for trading.