#Section 12
Log in to FollowSection 12 of Income Tax Act, 1961
Income Tax

Income Tax
Delayed Form 10B Filing Not Fatal: ITAT Remands Exemption Case
Corporate Law

Corporate Law
Limitation Restored After COVID Exclusion Leads to Revival of Section 95 IBC Petitions
Custom Duty

Custom Duty
Crude palm kernel oil edible grade eligible for customs duty exemption
Income Tax

Income Tax
ITAT Delhi Remands DDA’s 2(15) Exemption Dispute for Fresh Examination
Fema / RBI

Fema / RBI
FIU-IND had not justified imposing ₹10,000 per suspicious transaction for delay: SAFEMA
Income Tax

Income Tax
Cancellation of registration u/s. 12AA without satisfying conditions u/s. 12AB(4)(ii) not justifiable
Corporate Law

Corporate Law
Licensing requirement under Brick Kiln Act applies to both manufacturer and dealer
Company Law

Company Law
Amalgamation of Maruti Suzuki and Suzuki Motors Gujarat Approved
Income Tax

Income Tax
Exemption u/s. 11/12 granted based on proviso to section 12A(2)
Income Tax

Income Tax
Activity of hostel/mess being part of main activity eligible for 15% standard exemption u/s. 11(1)(a)
Income Tax

Income Tax
Delay in filing audited report due yo auditor’s mistake cannot invalidate exemption u/s. 11 and 12
Income Tax

Income Tax
Late Filing of Form 10B Valid if Before Assessment Completion: ITAT Mumbai
Goods and Services Tax

Goods and Services Tax
GST Notification directing to pay compensation cess at MRP are quashed
Income Tax

Income Tax
