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HC grants bail to wife in case of alleged furnishing of forged sureties for Husbands bail

August 6, 2023 753 Views 0 comment Print

High Court of Punjab and Haryana addresses allegations of fraudulent bail process in PMLA offence case against Anita Seth. Get full case insights.

Penalty u/s 271(1)(c) Inapplicable for Additions Using Peak Credit Theory

August 6, 2023 1635 Views 0 comment Print

Read the full text of the ITAT Chennai order in the case of Edward Sam Vs ITO. Penalty provisions u/s 271(1)(c) are analyzed in light of quantum additions made using peak credit theory

Difference in Transaction Perception Doesn’t Mean Inaccurate Particulars

August 6, 2023 543 Views 0 comment Print

Delhi ITAT removes penalty on Riyasat Palaces Limited in tax dispute with ACIT, redefining interpretation of inaccurate particulars.

DGFT Permits Export of Wheat Flour Mixed with Millets

August 4, 2023 1941 Views 0 comment Print

Directorate General of Foreign Trade (DGFT) amends SION E-136 to allow exports of Wheat Flour (Atta) mixed with Millets. Know key conditions.

Wages Payment Date Irrelevant for 15-Day Employee PF Contribution Limit: ITAT Mumbai

August 4, 2023 1338 Views 0 comment Print

There is no relevance of date of payment of wages for reckoning limit of 15 days for payment of employees contribution to provident fund : ITAT Mumbai

SEBI Amends Online Dispute Resolution Guidelines 2023

August 4, 2023 1785 Views 0 comment Print

“SEBI releases amendments to the July 2023 circular on online resolution of disputes in the Indian securities market. The revisions offer enhanced clarity and corrections based on received feedback.

ITAT Allows Tax Deduction on Agricultural Land Compensation

August 4, 2023 5412 Views 0 comment Print

Read the full text of the order by ITAT Delhi in Virender Rathee vs ITO case. The ITAT allows tax deduction on interest received from enhanced compensation against compulsory acquisition of agricultural land.

CCI Exonerates Prasu Infrabuild from Anti-Profiteering Charges

August 4, 2023 867 Views 0 comment Print

CCI discontinues anti-profiteering proceedings against Prasu Infrabuild. The firm had no other projects, negating possible profiteering violations.

CCI Orders Anti-Profiteering Probe into Ireo Waterfront Pvt. Ltd.

August 4, 2023 1113 Views 0 comment Print

CCI directs DGAP to reinvestigate Ireo Waterfront project for potential anti-profiteering. Learn about the intricacies of the ongoing investigation.

Anti-Profiteering allegation: CCI Directs DGAP to Re-investigate S.R. Lifesciences

August 4, 2023 444 Views 0 comment Print

CCI directs DGAP to reinvestigate allegations against S.R. Lifesciences & suppliers for not passing on GST reduction benefit. Full details inside.

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