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ITAT condones delay in appeal filing due to prolonged illness

July 15, 2023 411 Views 0 comment Print

Baskaran, the Karta of the HUF, submitted that his prolonged illness prevented him from managing the day-to-day activities of the business, causing the delay in filing the appeal. Despite this, the CIT(A) dismissed the appeal, stating that the delay wasn’t sufficiently justified.

ITAT Delhi Overturns Assessment Order Passed without Assessee’s Opportunity

July 15, 2023 888 Views 0 comment Print

Explore the case of Satish vs ACIT where ITAT Delhi quashed an assessment order passed without giving the assessee an opportunity to respond, setting a vital legal precedent.

Auction by Bank: HC Quashes Demand for Interest and Refund of Stamp Duty

July 15, 2023 3012 Views 0 comment Print

Calcutta High Court quashes interest demand and orders refund in Anita Tosniwal vs RBI case. Dispute over property ownership rights analyzed.

Allegations not included in Section 148A(b) notice – HC sets aside order & notices

July 14, 2023 945 Views 0 comment Print

Examination of the Delhi High Court’s decision in the Dhiru Realestates Private Limited Vs ITO case, where an income tax notice was invalidated due to allegations not included in the original notice.

Delhi HC Quashes Income Tax Notice over AY Error in Depositing Tax

July 14, 2023 570 Views 0 comment Print

A significant judgment from the Delhi High Court in the case of Anita Arora Vs ACIT, dismissing a tax notice due to a deposit error. Find out the details of the case and the court’s verdict.

Aadhaar Requirement for Digital Crop Survey: Ministry of Agriculture Notification

July 14, 2023 1467 Views 0 comment Print

Understand the Ministry of Agriculture’s notification on the mandatory use of Aadhaar for the Digital Crop Survey project. Learn about the documents required, exception handling mechanisms, and the benefits of Aadhaar authentication.

Welding Rods & Electrodes Quality Control Order 2023: Compliance & Standards

July 14, 2023 2121 Views 0 comment Print

Stay informed about The Welding Rods and Electrodes Quality Control Order 2023 issued by the Department for Promotion of Industry and Internal Trade. Learn about the compulsory use of standard marks and the certification authority. Ensure compliance with the Indian Standards for welding rods and electrodes.

Guidance on Filing Announcements: SEBI LODR Amendments 2023

July 14, 2023 2589 Views 0 comment Print

Stay updated on the SEBI LODR amendments 2023. Get guidance on filing announcements through BSE listing center and NSE Electronic Application Processing System (NEAPS) platform. Ensure timely and transparent disclosure of material events by listed entities.

Exemption of RRBs from certain provisions of Competition Act

July 14, 2023 855 Views 0 comment Print

Ministry of Corporate Affairs has issued a notification granting Regional Rural Banks (RRBs) exemption from certain provisions of Competition Act for a period of five years. Learn more about this exemption and its implications for RRBs in India.

Increase in SAED on Petroleum Crude Production: Rs. 1,600/tonne from July 15, 2023

July 14, 2023 735 Views 0 comment Print

Ministry of Finance has raised the Special Additional Excise Duty (SAED) on the production of Petroleum Crude and export of Aviation Turbine Fuel. The new rate of Rs. 1,600 per tonne will be effective from July 15, 2023.

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