Noorul Hasan Baig Vs DCIT/ACIT case at ITAT Indore, exploring necessity of remand for an assessee’s second chance to present relevant documents.
ITAT Chandigarh’s ruling on assessment of surrendered income under section 69 of Income Tax Act. Jaspreet Singh Mauj’s case offers insights into legitimacy of such assessments.
Dive into the ITAT Chandigarh’s ruling in case of Manjeet Singh vs. ITO, which deliberates on validation of unexplained cash deposits.
Delve into SOP for overseeing ineligible IGST ITC reversals by taxpayers in GSTR 3B. This article sheds light on GST regulations, procedures, and examples.
The Ministry of Corporate Affairs (MCA) recently made headlines with its decision to quash the adjudication against M/s. Varsha Ganga Metal and Minerals Private Limited. The case revolved around the non-availability of a quorum, which prevented the Annual General Meeting (AGM) from being conducted. Here’s a closer look into the matter. Background of the Case […]
Learn about the penalty imposed by MCA on Shri Ram Nidhi Limited for delaying MGT-14 filing under Companies Act, 2013, Section 117. Details and consequences discussed.
ITAT Delhi ruling on ACIT vs. Liberty Shoes Ltd. case. Expenditure to avoid reputation damage and litigation costs allowed as valid business expense under Section 37 of Income Tax Act.
Read a detailed analysis of case of Apeejay Shipping Ltd. vs ACIT in ITAT Kolkata regarding jurisdiction of CIT (A) to raise new tax issues and enhance taxable income.
Once the ST-3 returns are filed, onus lies on Central Excise Officer to meticulously review them. Should there be any discrepancies, the officer must conduct a best judgment assessment under Section 72 and initiate an SCN under Section 73 within the stipulated timeframe. If the officer overlooks any aspect leading to a tax oversight, it’s the officer who bears the responsibility, not the appellant.
Explore SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2023 detailing new regulations for voluntary delisting of non-convertible securities.
