Competition Commission of India (CCI) drops anti-profiteering proceedings against Maheshwari Infratech Pvt Ltd after confirming no other projects were executed.
SEBI denies any proposal to restrict retail participation in derivative markets. SEBI aims to promote ease of compliance while ensuring risk management.
Orissa High Court dismisses the petition filed by Khimji Super Bikes LLP against the State of Odisha and others. The court states non-compliance with the direction to file Form-F under Odisha Motor Vehicles Taxation Rules as the reason for the dismissal.
ITAT Delhi quashes reassessment proceedings for AY 2009-10 in the case of Agroha Fincap Ltd. The approval u/s 151 of the Income Tax Act was found to be defective and without due application of mind.
In the case of Brightstar Infrastructure Pvt. Ltd. vs. ACIT, the ITAT Mumbai allowed the appeal, declaring the final assessment order void due to failure to comply with mandatory procedure u/s 144C of the Income Tax Act.
CBIC issued instructions to standardize documentary and information requirements for AD Code registration/modification in relation to exports
In a significant ruling, the Jharkhand High Court finds that Revenue cannot issue fresh show cause notices for the same period after the accepted First Appellate Order. Learn more about the case and analysis.
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The ITAT Pune declares the assessment order invalid in the case of Prabhakar Amruta Shillak Vs ITO for AY 2012-13. The order violated CBDT circular and was treated as never issued.
In the case of Classic Display Systems Pvt Ltd vs. ITO, the ITAT Delhi quashed the reassessment order as the AO failed to issue notice u/s 143(2) before finalizing the reassessment.
