Tribunal held that an investment already assessed substantively in another person’s hands cannot again be taxed under Section 69. The case was remanded to avoid double taxation and ensure consistent adjudication.
The Tribunal held that rejecting an application solely for delayed filing was improper and directed a denovo review under Section 80G. The is that delayed applications may still be examined on merits.
ROC Mumbai penalizes a company and its directors ₹1,00,000 each for failing to maintain a registered office under Section 12(1) of the Companies Act, 2013.
The amendment raises capital and turnover limits to the highest ever, enabling more companies to qualify for reduced compliance. expanded thresholds unlock major regulatory and cost benefits.
Tribunal held that a reassessment cannot be triggered solely on another person’s search statement. With no evidence against the assessee, the 147 proceedings and bogus-purchase addition were struck down.
Justo Realfintech Limited and its directors fined for failing to keep application money in a separate bank account under Section 42(6) of the Companies Act.
NFAC’s ex-parte dismissal of large 54F claim overturned due to procedural lapses and miscommunication. Assessee granted fresh opportunity to substantiate ₹3.10 Cr exemption claim.
लेख में बैंकिंग कथनों की असंगति से होने वाली समस्याओं और एक मानकीकृत संक्षिप्त सूची लागू करने की आवश्यकता को समझाया गया है। मुख्य takeaway यह है कि एक समान फॉर्मेट ग्राहक सुविधा और बैंकिंग दक्षता दोनों बढ़ाएगा।
The Tribunal held that cash deposits were fully explained through matching earlier withdrawals. The addition of ₹15 lakh was removed as the source of funds was satisfactorily proven.
The Tribunal held that book profit on sale of a motor vehicle cannot be taxed separately when the sale value is already reduced from the block. It ruled that taxing such profit would cause double taxation.
