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Kerala HC Dismisses Writ Petition for Lack of Natural Justice Violation

December 21, 2023 684 Views 0 comment Print

Kerala High Court’s decision in N.T.K. Jewellers vs. Assistant Commissioner case. No violation of natural justice found in CGST/SGST assessment order.

CA not updated Email ID on income tax portal: ITAT Mumbai Grants Relief

December 21, 2023 3810 Views 0 comment Print

Read the detailed analysis of Maheshwar Niketan Co-operative Housing Society Limited vs. ITO case. ITAT Mumbai grants relief for CA’s email ID failure on the Income Tax portal.

When Profit Is Estimated, Cash Deposit During Demonetization Is Not Taxable Separately

December 21, 2023 1380 Views 0 comment Print

Explore the ITAT Hyderabad’s order in Puligilla Purnachander Vs ITO case for insights on Income Tax Act Section 69A, gross sales, and demonetization deposits.

Delhi HC Dismisses Writ Petition for Escaped Assessment Below Rs. 12,800

December 20, 2023 432 Views 0 comment Print

Delhi High Court dismisses Bholi Kumar’s writ petition challenging Income Tax Act’s section 148A(d) order. Meager amount prompts Revenue to abandon the case.

Kerala HC Deems 24-Hour Response Time Unreasonable: Sets Aside Income Tax Assessment Order

December 20, 2023 693 Views 0 comment Print

Kerala High Court overturns Income Tax assessment order, finding 24-hour response time unfair. Detailed analysis of Aneesh vs Union of India case, implications, and court’s directives.

Employee holding civil post under a State eligible for section 10(10(i) Gratuity Exemption 

December 20, 2023 441 Views 0 comment Print

TAT) Delhi in case of Chandan Lal Goswami vs. ITO sheds light on the eligibility of employees holding civil posts under a State for gratuity exemption under Section 10(10)(i) of Income Tax Act, 1961.

Enhancing Business Continuity: SaaS Model for Clearing Corporations

December 20, 2023 549 Views 0 comment Print

Explore SEBI’s circular on leveraging Software as a Service (SaaS) for robust Business Continuity in Clearing Corporations, focusing on Risk Management Systems (RMS).

Due Date Extension: GSTR-3B Filing for November 2023 in Tamil Nadu Districts

December 20, 2023 1236 Views 0 comment Print

Stay informed about the latest tax updates! Read about the extension of the GSTR-3B filing deadline for November 2023 in specific districts of Tamil Nadu. Know the new due date.

Failure to Maintain Register of Debenture/Security Holders: MCA Imposes Rs. 4.5 Lakh Penalty

December 20, 2023 4539 Views 0 comment Print

Explore the adjudication order against NAVCOM Industries for not maintaining a register of members, resulting in a penalty of Rs. 4.5 lakh imposed by MCA.

No separate notification necessary for application of DTAA’s provisions

December 20, 2023 1437 Views 0 comment Print

Explore the Apollo Tyres Ltd. vs CIT case where issues arise regarding the applicability of DTAA provisions without a new notification.

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