IBBI is inviting suggestions to streamline regulations and reduce compliance costs under IBC, 2016, in response to budget announcements.
Explore case of V.R. Usha Vs ITO, where Section 54F exemption was denied despite partial property ownership, and how it sets a precedent for similar cases.
Explore Reserve Bank of India’s latest policy measures in regulation, payments systems, and consumer protection. Analyze monetary policy statement for 2023-24.
Learn about Kerala High Court’s judgment on Section 234E late fees for TDS returns before 01.06.2015. Analysis of case and its implications.
The Government of India has issued a resolution notifying the interest rate of 7.1% on deposits made under non-government Provident Funds (PF), superannuation, and gratuity for the period from July 1, 2023, to September 30, 2023. This revised interest rate is applicable to various funds, including the General Provident Fund (GPF) and others. Learn more about the funds covered and the official announcement.
ITAT Delhi rules that penalties under section 271(1)(c) of the Income Tax Act cannot be imposed based on non-existing or deleted disallowances.
Supreme Court decision: Criminal charges for late self-assessment tax payment to persist despite Vivad Se Vishwas Scheme approval. Get insights into the ruling.
In the case of Lakshman Tools Pvt. Ltd. Vs. ITO (ITAT Delhi), learn about the validity of Section 147 application, non-genuine purchases, and commission payments.
In Scaria Thomas & Co vs. Commissioner of Central Excise & ST (CESTAT Ahmedabad) case, learn about the absence of penalty under Section 78 in service tax due to no misrepresentation.
In a recent case, ITAT Pune grants 12AA registration to Kanojiya Pardeshi Dhobi Trust, allowing its charitable activities during COVID-19. Full order analysis.
