
Post-Inspection Revised Return Cannot Shield Dealer from Sales Tax Penalty: Madras HC
HC upheld tax, modified equal addition and sustained Section 12(3)(b) penalty, holding a revised return after Income Tax inspection did not negate suppression.

NCLT Sanctions Amalgamation of Indo Bevs with Indospirit Beverages After Creditor Approval

NCLT Orders Shareholder & Creditor Meetings for Proposed Amalgamation

Calcutta HC Quashes Wilful Defaulter Notice for Vague Allegations

Delhi HC Affirms Confiscation of Gold Brought Without Declaration

Books Can’t Be Rejected Merely for Profit Decline or No Stock: SC

ITAT Upholds Denial of Section 10(38) Exemption on SRK Industries Shares

ITAT Deletes Section 68 Addition on Recorded Cash Sales During Demonetisation

ITAT Deletes Section 69A Addition on Demonetisation Cash Deposits From Recorded Jewellery Sales

SC Grants Divorce Under Article 142 Despite Husband’s Objection After Irretrievable Breakdown

SC Allows Recovery Suit Against Principal Borrower Despite IBC Moratorium on Guarantors

IRDAI Directs Timely Submission of SCNs & Documents to Insurance Ombudsmen

Developer Cannot Delay Conveyance to Society Over Future FSI: Bombay HC

SC Dismissed Revenue Appeal on Quicklime Classification Under CTH 2522

CESTAT Allows Classification of Imported Quicklime Under CTH 2522 10 00

CESTAT Kolkata Sets Aside MOOWR Interest Demand, Intended Use of Capital Goods Is Sufficient

Karnataka HC Directs CISF to Provide Complete Airport CCTV Footage to Petitioner
ICSI Invites Online Applications for 20 Executive Assistant Posts Across India
ICAI Board Reprimands CA for Client Solicitation and Audit Ethics Breach

Work in Progress Verification: Why WIP Is Blind Spot in Inventory Control
ICAI Board Reprimands CA for Client Solicitation & Questioning Successor’s Competence
Post-Inspection Revised Return Cannot Shield Dealer from Sales Tax Penalty: Madras HC
HC upheld tax, modified equal addition and sustained Section 12(3)(b) penalty, holding a revised return after Income Tax inspection did not negate suppression.
NCLT Sanctions Amalgamation of Indo Bevs with Indospirit Beverages After Creditor Approval
NCLT sanctioned the amalgamation after noting approvals, no objections from statutory authorities, and compliance undertakings under the Companies Act.
NCLT Orders Shareholder & Creditor Meetings for Proposed Amalgamation
NCLT directed meetings of the Transferee Company's equity shareholders and unsecured creditors while dispensing with other meetings in the amalgamation scheme.
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty &…
Adv Akruti Goyal, a practicing CA handling GST compliance from 2015-2021. Qualified as a lawyer in…
Ajay Kumar Agrawal FCA, a science graduate and fellow chartered accountant in practice for over 26…





