Understand TDS on salary (Sec 192), Form 24Q filing, challan due dates, and interest for late deduction or payment. Covers applicability, rates, and Form 16.
ITAT Ahmedabad rules on Vikas Vijay Gupta vs PCIT, confirming the validity of revision under Section 263 for a wrongly issued penalty notice. Procedural errors in penalty proceedings are rectifiable by PCIT.
NCLAT Delhi held that State Tax Department is secured creditor under section 53 of the Insolvency and Bankruptcy Code [IBC] hence resolution plan approved without considering the same is in violation of statutory provision.
Delhi ITAT remands Kishan Lal’s appeal, ordering a new probe into a Rs. 50 lakh robbery case, urging verification of farmers’ claims over the cash.
The ITAT Delhi has sent back a case involving disallowances for contingent liability and delayed EPF contributions for re-verification, citing judicial precedents.
Delhi ITAT orders fresh consideration for Krishnavi Charitable Trust’s 12A registration application, pending trust deed modification and providing a fair hearing.
Delhi ITAT sets aside additions, orders re-examination of Rs. 2.5 crore unsecured loans and Rs. 1.66 crore property advances for AY 2010-11 and 2011-12.
Calcutta High Court directs tax department to provide clear deficiency details for GST refund applications, emphasizing natural justice and statutory compliance.
ITAT Kolkata sets aside tax demand on Cossimbazar Trust, ruling that income application (expenditure) must be considered under Section 143(1) for registered trusts.
Allahabad High Court orders release of goods seized for lack of e-way bill, prioritizing invoice presence and seller’s claim, referencing Section 129(1)(a) of the CGST Act.
