NCLAT Chennai held that rejection of application justified since disputed property claimed by the appellant will remain part of Corporate Debtor assets during Corporate Insolvency Resolution Process [CIRP] proceedings.
Explore key tax reforms in the Pre-Budget Memorandum 2025. Suggestions include expanding the tax base, curbing tax avoidance, and streamlining litigation processes.
Learn about the GST Amnesty Scheme under Section 128A, offering relief on interest and penalties for tax payments from FY 2017-18 to 2019-20.
Under Section 147 of the Income Tax Act, reassessment cannot be based on a mere change of opinion by the AO. Read more on this legal limitation.
CESTAT Kolkata rules in Vedanta Ltd. case: CRCL’s delayed test report after 218 days invalidates export duty assessment, favoring refund claim for iron ore exports.
Analysis of Gujarat HC’s ruling on leasehold rights under GST, its exemption status, and a critique arguing for its treatment as taxable supply of services.
Learn about the deadlines and fees for filing Form CHG-1 with the ROC, including normal, additional, and ad valorem charges as per applicable rules.