CCDs allotment- Not Filing of PAS-3 & PAS-4 & Non-maintenance of Separate Bank account- MCA Imposes Penalty of Rs. 2,07,56,000/-. In a recent development, the Ministry of Corporate Affairs (MCA), under the Government of India, has imposed a penalty on M/s. Viraj Profiles Private Limited for violations of Section 42 of the Companies Act, 2013. […]
CESTAT Ahmedabad grants relief to Intas Pharmaceuticals, ruling that Customs Duty benefit cannot be denied to a loan licensee importer. Details of the case here.
Delhi High Court’s landmark judgment in CIT vs. Deloitte Touché Tohmastu clarifies mutuality doctrine, impacting taxation of entities. Analysis of key principles and implications.
In the case of Kanav Metals vs. ITO, ITAT Delhi rules that there can be no protective addition in the absence of a substantive addition. Read the full analysis.
Dive into the CESTAT Chennai case of S. Thiagarajan vs. Commissioner of G.S.T. & Central Excise. Explore how the penalty under Section 78 cannot be sustained on a tax demand with retrospective amendments.
Learn about the Bombay High Court’s ruling on the State Tax Officer’s authority to block ITC Ledger and the implications for businesses. Get the full judgment here.
Learn how to file and track tax-related grievances on TRACES website. Find out categories available, steps to raise a request, and how to check your ticket’s status
Discover income tax benefits enjoyed by senior and super senior citizens under Income Tax Act of 1961, from higher deductions to special rates.
Ministry of Corporate Affairs (MCA) imposes penalties on LA-FIN Financial Services Private Ltd. for failing to submit annual return extracts with ROC and missing CSR details in Directors’ Report.
CESTAT Ahmedabad rules that service tax isn’t applicable to materials supplied free of cost by the service recipient during construction. Read the full case analysis.
