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Archive: 14 April 2025

Posts in 14 April 2025

Madras HC ordered enquiry against non-advocate operating a law firm

April 14, 2025 744 Views 0 comment Print

Madras High Court held that advocates shall maintain professional integrity and do not engage in acts that could mislead the public or undermine the legal profession. Court ordered detailed enquiry regarding a fake law firm operated by a non-advocate.

Top 10 Reasons Why Successful Leaders Often Derail

April 14, 2025 2226 Views 0 comment Print

Explore key reasons why leaders fail, from poor communication to micromanagement, and understand what separates effective leadership from derailment.

Amendment in Section 143(1) of Income Tax Act, 1961

April 14, 2025 4806 Views 0 comment Print

The 2025 amendment in Section 143(1) of the Income Tax Act introduces new compliance requirements. Taxpayers must ensure consistency in returns and maintain records.

Procedure for Striking Off a Company with an Overseas Director in India

April 14, 2025 2295 Views 0 comment Print

Learn the procedure for striking off an Indian company with an overseas director, including consent, document authentication, and POA options.

One-Time Membership Fees as Capital Receipts for Coop Bank: ITAT Pune

April 14, 2025 642 Views 0 comment Print

ITAT Pune rules one-time membership and share fees as capital receipts for Veershaiv Cooperative Bank, reversing lower authority’s revenue classification.

ITAT Pune Allows Partial Relief in Demonetization Cash Deposits Case

April 14, 2025 909 Views 0 comment Print

ITAT Pune grants partial relief in cash deposit case during demonetization under Section 69A. Dispute centered on unexplained deposits of ₹21.4 lakh.

Section 263 Revision Requires Lack of Inquiry, Not Just Inadequate Inquiry

April 14, 2025 1047 Views 0 comment Print

ITAT Pune quashes PCIT’s Section 263 order against Shree Balaji Associates, stating AO made inquiries; no lack of inquiry found.

Complaint not maintainable as no privity of contract between concerned parties

April 14, 2025 1443 Views 0 comment Print

Supreme Court held that as there was no privity of contract between the concerned parties therein, no ‘deficiency’ would arise and the action (complaint) would not be maintainable before the concerned Consumer Forum.

Resolution plan of Cane Agro Energy (India) Ltd approved: NCLT Mumbai

April 14, 2025 792 Views 0 comment Print

NCLT Mumbai approved resolution plan of Corporate Debtor [Cane Agro Energy (India) Ltd] as submitted by resolution applicant [M/s. Raigaon Sugar & Power Ltd.] as resolution plan meets requirements of section 30(2) of the Insolvency and Bankruptcy Code.

Madras HC Allows Refund of Unutilized Pre-GST ITC

April 14, 2025 855 Views 0 comment Print

It is submitted that if the rectification as sought for is allowed, the petitioner would be entitled to a refund of 74,61,65,427/- for the period between July 2017 to November 2017.

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