Follow Us:

Late Form No. 67 Filing Doesn’t Deny Foreign Tax Credit Under India-Tanzania DTAA

September 5, 2023 870 Views 0 comment Print

A detailed look at the recent ITAT Ahmedabad ruling in the case of Manoj Kaushikprasad Jingar Vs Assessing Officer. Explore how the tribunal addresses the issue of late filing of Form No.67 under the India-Tanzania DTAA.

Demat Transactions via Registered Broker Not ‘Unexplained Income’ u/s 68

September 5, 2023 2841 Views 0 comment Print

Analyzing ITAT Mumbai’s landmark ruling in the case of ITO Vs Sanjay Mahabir Maheshka that deems income from share sales via Demat account as not Unexplained Income under section 68.

MCA imposes Rs. 4 Lakh Penalty for Missing CSR Policy Details in Board Report

September 5, 2023 10647 Views 0 comment Print

Smith N Smith Chemicals receives Rs. 4 Lakh penalty from MCA for non-compliance with CSR policy in its board report. Read Detailed analysis

CSR Section 135(5) Violation- MCA Imposes Rs.16.48 Penalty

September 5, 2023 21180 Views 0 comment Print

MCA recently imposed a penalty on a Company for violating CSR Section 135(5) of Companies Act, 2013 which mandates companies to spend at least 2% of their average net profits on CSR activities.

Restaurants Must Prove No AC for Service Tax Exemption: CESTAT Delhi

September 5, 2023 2073 Views 0 comment Print

Unpacking the CESTAT Delhi ruling on Gurukripa Yuvraj Veg & Non-veg Restaurant regarding service tax exemption based on AC facility. Key takeaways and implications.

Police & GST Dept. cannot issues Notices to Advocate appearing for client

September 5, 2023 21339 Views 0 comment Print

Calcutta High Court rules that Police and GST Department cannot issue notices to advocates appearing for clients in GST-related cases, upholding client-advocate privilege.

ITAT quahes Revision Order u/s 263 for Re-examining Large Cash Deposits in Bank

September 5, 2023 3693 Views 0 comment Print

Analyzing the recent ITAT Delhi ruling in Navneet Bhardwaj Vs PCIT, which nullified a revisionary order under section 263 of the Income Tax Act for AY 2016-17, touching upon the legal intricacies and implications.

Public Auction Sale Deed Value is to be Considered as Fair Market Price

September 5, 2023 5025 Views 0 comment Print

ITAT Mumbai in ITO vs Mahavir Enterprises case held that consideration paid by assessee, being higher/successful bidder, of e-tender floated by bank is fair market value of property

IBBI penalises IP for wrong interpretation of IBC provisions & Charging excess fees

September 5, 2023 606 Views 0 comment Print

IBBI penalizes an Insolvency Professional (IP) for wrong interpretation of IBC provisions and charging excess fees. Details and implications.

Customs Duty Amendments for Textile Machinery Exemptions

September 5, 2023 3417 Views 0 comment Print

Notifications No. 52/2023-Customs Dated: 5th September, 2023, modifying duty exemptions on textile machinery. Analysis of changes & implications.

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031