Bombay High Court overturns income tax reassessment notice for NuPower Renewables, citing no new information and prior scrutiny of share capital.
Delhi High Court held that where notice is sent electronically, the date of dispatch of e-mail is to be considered as date of issue of notice and date of digital signature is irrelevant. Accordingly, petition dismissed.
India’s 2025 amendment to Pressure Vessel Rules introduces new hydrogen definitions, online processes, extended licenses, and enhanced safety for storage and dispensing.
Patna High Court rules GST recovery without waiting period illegal, orders refund with interest. Remands ITC claim case due to new Section 16(5) CGST Act
Understand India’s Corporate Social Responsibility (CSR) mandate, including applicability thresholds, excluded activities, net profit calculation, and obligation determination under Section 135.
Explore the advantages of Private Limited Companies for startups in India, including limited liability, funding access, and tax benefits, along with key registration considerations.
CESTAT Chennai held that delay of 20 days in passing review order without extension order of the Board is not condonable. Accordingly, order passed by Commissioner of Customs (A) upheld.
ITAT Jodhpur held that reassessment notice under section 148 of the Income Tax Act issued by Jurisdictional Assessing Officer is bad and invalid since the same needs to be issued by National Faceless Appeal Centre. Thus, assessment order passed thereon is quashed.
The Indian government’s recent move to levy a 28% Goods and Services Tax (GST) on the full value of turnover in online gaming has stirred significant debate. The Group of Ministers (GoM) has recommended that this tax be imposed on the entire consideration received by the online gaming platforms, including both the platform fee and the prize pool contributed by players.
As stated earlier, appellant had raised objection on 15.01.2022 against re-opening but the same was not disposed of by AO by passing a speaking order as per guidelines issued by SC in case of KGN Driveshafts.
