The article explains how newly qualified CAs can improve placement prospects through campus registration, resume optimization, networking, and interview preparation. The key takeaway is that proactive action significantly improves job opportunities.
The article explains how key Companies Act amendments affect tax treatment of penalties, CSR expenditure, related party transactions, and buybacks. It highlights why corporate law changes must be evaluated alongside their income-tax implications.
A genuine dealer can only be expected to prove his own purchase, receipt, and sale of goods. Allegations against a supplier’s supplier do not automatically justify confiscation, ITC denial, or fraud proceedings.
The High Court held that filing appeals and adopting a legal position on behalf of a client are professional acts that cannot by themselves attract criminal liability. It quashed the FIR, charge-sheet, and cognizance order against the advocate.
The Court upheld the authority of DGGI officers to initiate and pursue proceedings under the CGST Act and rejected objections regarding their status as proper officers.
The Rajasthan GST AAAR held that advance ruling authorities cannot determine whether bags are biodegradable or compostable. It ruled that concessional 5% GST applies only if biodegradability is established by competent authorities.
The ITAT dismissed the appeal after a rectification order under Section 154 granted the deduction under Section 80P and corrected the assessed income. The dispute no longer survived for adjudication.
The ITAT held that deduction under Section 80P could not be disallowed through a unilateral adjustment under Section 143(1) without providing notice and an opportunity of hearing. The appeals were allowed.
The reassessment was based on documents found during a search conducted on another person. The Tribunal held that proceedings should have been initiated under Section 153C and not under Sections 147/148, rendering the reassessment invalid.
The Tribunal held that documents relating to the assessee were found during the search of another person. It ruled that proceedings could only be initiated under Section 153C, making the reassessment under Section 148 invalid.
