ITAT Delhi has ruled that additions made under Section 153C of Income Tax Act cannot be sustained without any incriminating material found during a search and seizure operation.
Exide Industries, a registered company under the Goods and Services Tax Act, has failed to receive a time extension from GST authorities to respond to a show cause notice. The Madras High Court has set aside the orders passed by the respondent and granted 30 days to file an explanation on pending queries.
Get answers to frequently asked questions about user registration on the MCA Portal. Learn about Internet Explorer security settings, DSC requirements, lost DSCs, blocked user IDs, and more.
Explore the recent ITAT Surat ruling on Mukesh Agarwal vs ITO, where no addition was justified without corroborative evidence on a discovered satakat during a third-party survey.
Experience the advantages of GIFT City and India’s IFSC. Discover a green smart city with office spaces, residential areas, schools, hospitals, and more. GIFT City is a multi-service special economic zone and global financial service hub, attracting financial providers worldwide.
Read the Anti Money Laundering, Countering the Financing of Terrorism, and Combating Proliferation Financing Guidelines for Real Estate Agents issued by Maharashtra Real Estate Regulatory Authority (MahaRERA).
In a recent judgment, the Delhi High Court set aside the order and notice issued under Section 148A(d) and 148, respectively, in the case of Premium Estates Pvt. Ltd. vs. ACIT. The court directed the Assessing Officer to conduct a de novo assessment after the petitioner received the notice on the same day as the order.
ITAT Hyderabad in case of Shri Vijay Kumar Reddy Vs ACIT held that section 271AAC penalty not applicable if tax under section 115BBE of Income Tax Act is nil
ITAT Ahmedabad, in Kunvarji Fincorp Vs DCIT held that denial of TDS credit due to assessee’s mistake or misunderstanding is impermissible
SEBI has proposed the digitization of the process for investors to submit service requests and complaints online to RTAs.
