Rajasthan High Court judgment in Kailash Chand Agarwal vs ITO. Discusses the genuineness of cash credits under Section 68 and the Tribunal’s reversal of CIT(A) order.
Rajasthan High Court backs tax authorities’ power to reopen assessments based on new information, citing Supreme Court rulings on ‘reason to believe’.
SEBI issues updates on ESG rating withdrawal, disclosure formats, internal audit timelines, and governance rules for ESG Rating Providers (ERPs).
Bombay High Court allows condonation of delay in filing income tax returns. The delay was due to the ill health of the Chartered Accountant’s spouse, a genuine reason.
Gujarat High Court affirms tax relief on share losses for Affluence Commodities, stating sale is genuine if counterparty purchase is valid.
Supreme Court upholds NCLAT order allowing appeal against Ricoh IBC resolution plan, emphasizing timeline flexibility and CoC’s commercial wisdom.
NCLAT Chennai rejects M.K. Rajagopalan’s appeal against the approval of S. Rajendran’s resolution plan for Vasan Health Care, citing lack of locus standi as an unsuccessful applicant.
Learn how to re-transmit Shipping Bills to DGFT using ICEGATE Portal, track status, and resolve common issues. Step-by-step guide provided.
Learn about the adjudication process under the GST Act, including challenges to orders, legal principles, and how authorities must follow due process.
ICAI announces dates and details for the Advanced ICITSS-Adv. IT Test, to be held in CBT mode. Check eligibility, exam centers, and fee structure for 2025.