Section 74A streamlines CGST demand determination from FY 2024-25, setting new timelines for notices, penalties, and voluntary tax payments for taxpayers.
ITAT Chennai rules agricultural land beyond urban limits is exempt from capital gains tax, irrespective of actual cultivation, citing Section 2(14).
The Ministry of Corporate Affairs (MCA) has amended the Companies (Registration Offices and Fees) Rules, 2014, introducing a revised Form GNL-1 effective July 14, 2025, for RoC applications.
This article provides a comprehensive analysis of Goods and Services Tax (GST) implications for job work arrangements in India, specifically addressing necessity of physical movement of goods and treatment of scenarios where principal and job worker operate from same premises.
MCA revises Forms CRA-2 and CRA-4 under the Companies (Cost Records and Audit) Rules, 2014, effective 14th July 2025. Key updates streamline compliance processes.
Vide the present petition it is contested that the show cause notice has been issued on 26thSeptember, 2023. The same is stated to have been uploaded on the Additional notices tab and the show cause notice did not come to the knowledge of the Petitioner.
ITAT Delhi held that denial of exemption under section 11 of the Income Tax Act for delay in filing of Form 10B is not justifiable since condition of filing Form 10B is directory in nature and not mandatory. Accordingly, appeal allowed and exemption granted.
ITAT Raipur restored the matter to the file of CIT(A) for fresh adjudication as intimation of fixation of hearing was sent via email, and no physical/ hard copy was sent, inspite of specifically stating in Form 35 that all notices/ communication to be sent in a mode otherwise through email.
ITAT Pune held that the assessee institute is substantially funded by the Central Government and hence the assessee institute would be entitled to exemption by virtue of provisions of section 10(23C)(iiiab) of the Income Tax Act.
Regional Director reduces penalties on G2.Com India Pvt. Ltd. and directors for delayed MGT-6 filing, acknowledging lack of guidance.
