#Section 12
Log in to FollowSection 12 of Income Tax Act, 1961
Income Tax
Income Tax
Section 80C Or 80TTA Deduction cannot be denied for deficiencies in ITR forms
SEBI
SEBI
HC directed SEBI, BSE and NSE to compensate Rs. 50 Lakhs for illegal freezing of Demat account
Income Tax
Income Tax
Normal period will apply for reopening of assessment where escapement of income is below 50 Lakhs
Income Tax
Income Tax
Section 11 Exemption Can’t Be Denied for Late Filing of Form 10B Audit Report: ITAT Delhi
Income Tax
Income Tax
Delay in filing audit report in Form-10B should be condoned without being too hyper technical: Kerala HC
Income Tax
Income Tax
Exemption u/s 10(23C)(iv) could not be rejected if net surplus was less than 20% of Total Receipts under second proviso to sec 2(15)
Income Tax
Income Tax
ITAT held revision u/s 263 could not address issues beyond limited scrutiny under CASS
Income Tax
Income Tax
Deputy Commissioner of Income Tax held guilty u/s. 12 of Contempt of Courts Act, 1971
Company Law
Company Law
Avoidance application timelines under IBC Regulation 35A is not mandatory: Delhi HC
Income Tax
Income Tax
Propagation of vedic thoughts and philosophy eligible for approval u/s. 80G: ITAT Bangalore
Corporate Law
Corporate Law
Section 33-C(1) Industrial Disputes Application Rejection for Incorrect Name Unjustified: Bombay HC
Corporate Law
Corporate Law
State Bar Councils Can’t Charge Fees Above Prescribed Limit: SC
Income Tax
Income Tax
NIIT Foundation conducting systematic and formal instruction, schooling or training qualifies as education activities u/s 2(15)
Corporate Law
Corporate Law
