The High Court ruled that merely reproducing statutory provisions without factual particulars deprives the taxpayer of an effective opportunity to respond, rendering the notice legally unsustainable.
The ITAT Jaipur held that reassessment under Section 147 was invalid because the Assessing Officer merely relied on Investigation Wing information without independently analysing the material or establishing a nexus with the assessee.
PFRDA has introduced the AI-powered Pension Sahayak portal, replacing the earlier CGMS with a multilingual, voice-enabled grievance platform. The new system enhances accessibility, transparency, and faster resolution for pension subscribers.
This article examines whether Enforcement Officers can legally issue DRC-01 under Section 67 of the GST law. It explains why tax demands must be initiated only under Sections 73 or 74 through a valid Show Cause Notice.
This guide explains the complete legal procedure for shifting a company’s registered office across states under the Companies Act, 2013. It covers approvals, filings, Regional Director requirements, and post-shift compliances.
The Tribunal held that Rule 11UA gives the assessee the exclusive option to choose the valuation method for unquoted shares. While the AO may examine the DCF valuation, he cannot discard it and adopt the NAV method on his own.
The Tribunal held that contradictory third-party statements and unverified allegations cannot form the sole basis for taxing alleged on-money transactions. The ruling reiterates that suspicion cannot replace legally admissible evidence.
The ITAT held that an untested third-party statement, without supporting evidence or cross-examination, cannot form the sole basis for imposing penalty under Section 271D. It deleted the penalty after finding the Revenue failed to establish the alleged cash loan.
MahaRERA issued thousands of show-cause notices for failure to update Quarterly Progress Reports and comply with RERA requirements. The article explains the compliance risks and how developers can avoid regulatory action.
The Telangana High Court held that an appeal should not be dismissed as time-barred when the taxpayer was diligently pursuing a statutory rectification application. The Court set aside the rejection order and remanded the appeal for decision on merits.
