Factors like poor composition, weak leadership, limited meetings, and ineffective audits contribute to the underperformance of Audit Committees.
AO in the final order passed on 19.01.2017 however, made disallowance of weighted deduction u/s 35(2AB) to the extent of 3,38,82,341/-. Aggrieved with such order of the Assessing Officer / TPO / DRP, the assessee is in appeal before the Tribunal.
सुप्रीम कोर्ट ने फैसला सुनाया कि GST और कस्टम मामलों में सीआरपीसी के तहत सभी सुरक्षा मिलेगी, और कस्टम अधिकारी को पुलिस अधिकारी नहीं माना जाएगा।
Bombay High Court, in Chamber of Tax Consultants v. Director General of Income Tax (Systems) (2025), ruled that flaws in the ITR utility should not prevent taxpayers from making valid claims, particularly rebate under Section 87A of Income Tax Act.
Get the latest GSTN advisories on e-way bills, ITC rectification, HSN codes, GSTR-2B, waiver schemes, and CBIC’s caution on fake summons. Stay updated on GST changes.
Bombay High Court rules that profit estimation in bogus purchases does not raise a substantial question of law, dismissing the Income Tax Department’s appeal.
Tristar Transport India Pvt. Ltd. fined for delays in filing BEN-1 and BEN-2 under Section 90 of the Companies Act, 2013. Directors also face penalties.
Co-browsing helps taxpayers file ITR, change settings, and navigate the tax portal with real-time help from agents. Secure, free, and easy to use.
Tristar Transport (India) Pvt. Ltd. faces penalties for delayed compliance with Section 90 of the Companies Act, 2013, as per ROC Kerala’s adjudication order.
Contributory infringement is best understood as an indirect form of liability. Unlike direct infringement—which requires a party to have engaged in the infringing act itself—contributory infringement holds a party accountable for knowingly providing a component, service, or instrumentality that facilitates another’s infringement.
