Delhi High Court held that the system of imposition of anti-dumping duty does not end with the disclosure statement being published. Thus, held that the writ petitions cannot be held to be not maintainable at the stage of the disclosure statement.
Delhi High Court ruled on the validity of re-assessment proceedings in PCIT-04 vs Ganesh Ganga Investments Pvt Ltd, focusing on borrowed satisfaction and approval under Section 151.
The movie Dumb Money (2023), which is based on the GameStop short squeeze that happened in early 2021. Based on real events, the film unpacks how a group of retail investors, led by financial analyst and YouTuber Keith Gill (Roaring Kitty), used Reddit’s r/WallStreetBets forum to drive up GameStop’s stock price, causing massive losses for […]
CBDT’s shift to electronic Form 10F filing poses compliance challenges for resident payers and non-residents, raising concerns over clarity, PAN requirements, and tax risks.
Bombay High Court directs tax revision for an AI-generated invalid return order lacking reasoning, stressing natural justice and human oversight.
ITAT Kolkata rules in favor of Anindya Sarkar, allowing Foreign Tax Credit despite delayed Form 67 filing, citing DTAA provisions over domestic tax laws.
Present matter involves Nowheira Shaik who is executive Chairperson and Founder of the Heera Group. He is accused to have been involved in cheating various investors. Accordingly, to refund the investors ED had attached 96 properties.
Mere presence of carbon dioxide or carbonated water cannot be treated to classify the subject items under water or carbonated water. Therefore, the classification sought to be made by the Revenue cannot be accepted.
Delhi High Court held that passing of three contradictory orders by CESTAT in the same appeal is not justifiable. However, appeal of department before CESTAT dismissed as the amount involved was below monetary limit.
During the course of a survey, it was seen that the assessee had defaulted in deducting tax at source on interest paid to AGE Patel Joint Venture (JV) in Financial Year (FY) 2016-17 on Mobilisation advance and Machinery advance.
