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Archive: 22 January 2025

Posts in 22 January 2025

Pendency of Section 498A IPC Case Cannot Bar Appointments: Rajasthan HC

January 22, 2025 252 Views 0 comment Print

Rajasthan HC rules that pending Section 498A IPC cases cannot disqualify government job candidates, upholding the principle of “innocent until proven guilty.”

Indonesia Taxation 2024: Updated Policies and Tax Rates

January 22, 2025 1485 Views 0 comment Print

Explore Indonesia’s 2024 taxation updates, including individual and corporate tax rates, VAT, deductions, and filing processes. Learn about small enterprise benefits and more.

Password Formats for Income Tax and TDS-Related Documents

January 22, 2025 2052 Views 2 comments Print

Learn password formats for income tax, TDS documents, and bank e-statements. Find detailed instructions to open secured files easily.

Penalty Imposed on PCIT and JAO for Mechanical Orders in Reassessment Proceedings

January 22, 2025 1794 Views 0 comment Print

A prior approval was sought to pass the order u/s 148A(d) from the Specified Authority, Principal Commissioner of Income Tax and after receiving the prior approval from the specified authority, an order u/s 148A(d) was passed.

Revenue appeals against Tata Power’s Joint Venture with Delhi Govt for supply of electricity rejected

January 22, 2025 561 Views 0 comment Print

The provision applied to electricity companies only after the amendment and the impugned reassessment proceedings, for the AYs preceding the amendment, could not be sustained.

Acquisition can not be claimed on basis of unregistered document: NCLAT

January 22, 2025 240 Views 0 comment Print

It was the case of the appellant that he acquired rights from the respondent in pursuant to the agreement dated 07.09.2006. Property (shop) in question were part of government grant hence does not require registration.

GST Order passed against Deceased Person: HC declared proceedings as Non Est

January 22, 2025 990 Views 0 comment Print

In a recent ruling Hon’ble Madras HC set aside the order after observing that Demand Order and other notices including DRC-01 were issued against the assessee who died before the passing of the order.

No proper opportunity before AO: ITAT remanded back the matter

January 22, 2025 342 Views 0 comment Print

Assessment was completed at income of Rs.1,23,18,612/- against the returned income of Rs.3,76,740/- on account of unexplained cash deposited in the bank accounts amounting to Rs.1,19,41,872/-.

Assessment Issued in Wrong Name Post-Merger Not Correctable Under Section 292B

January 22, 2025 420 Views 0 comment Print

Despite there was a valid disclosure made by assessee and AO being duly apprised of the factum of merger, AO made the draft assessment order in the name of a party which no longer existed on that date.

Women Accused in Money Laundering Case Granted Bail Due to Trial Delays

January 22, 2025 198 Views 0 comment Print

Supreme Court granted bail to women who is accused in complaint filed u/s. 44 of the Prevention of Money Laundering Act, 2002 since there is no possibility of the trial concluding in near future.

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