The moot question arises to be determined here is whether in cases where the amount of default is less than 1 Crore, the Personal Guarantor can be treated as Insolvent and the application under Section 95 can be maintained against him.
The Central Silk Board gains tax exemption for specified income from grants, royalties, fees, and interest, effective for 2024-2029 assessments.
After the Judgment of the Hon’ble Supreme Court I.A. 961/2024 was filed by the RP before the Adjudicating Adjudicating Authority who has reserved the Judgment in I.A. 5283/2022, i.e. Plan approval Application de-reserved the same.
SEBI amends Listing Obligations and Disclosure Requirements Regulations with updated compliance norms, effective December 31, 2024.
ITAT Ahmedabad held that addition of all the cash deposits as unexplained income without giving credit for the withdrawal not justified. Accordingly, matter restored back to the file of AO for de novo consideration.
Explore 19 key GST case rulings from High Courts, including issues like provisional attachment, SCNs, ECL blocking, GST registration, and rectification of errors.
A tax saving FD not only offers a reliable way to save but also provides significant tax benefits, making it a dual-purpose investment. This article delves into why this option resonates with risk-averse investors and how tools like an FD calculator can help plan your finances effectively.
The Allahabad High Court directed Bushrah Export House to approach the appellate authority for an Input Tax Credit refund claim of ₹98,62,180 under GST laws.
Punjab HC dismisses the writ petition of Group M Media India challenging a show-cause notice for tax evasion under Section 74 of the CGST Act.
Orissa High Court dismisses challenge against penalty and seizure under GST Act, ruling notice was timely and the driver was the proper recipient.
