Grounds of Appeal related to the penalty imposed u/s 271(1)(c) of the Act , 1961 AY 2015-16 1. In the facts and circumstances of the case the Ld. Jurisdictional AO is not justified in imposing penalty of 6,54,050.00 on the assessee which is illegal and imposed in a most arbitrary manner and assessee denies her […]
Analysis of the Draft Digital Competition Bill focusing on ex ante regulations & obligations, aimed at ensuring fair competition & consumer protection in digital markets.
Discover differences between government and public limited companies, their ownership structures, regulations, and reporting requirements in this informative blog post.
Explore the necessity of issuing notices under Section 263 post the Faceless Assessment Scheme introduction. Analyze the schemes efficacy in curbing shortcomings.
Delve into the intricate details of the Karvy Demat Scam, from its genesis to repercussions. Explore the role of regulators, auditors, and preventive measures.
A sole proprietorship can be defined as a business run by a single person. A One-Person Company (OPC) can be described as a business with a single shareholder as the member. When you convert a sole proprietorship into a one-person company you get a structured and regulated platform and other benefits.
In the world of investing, understanding market sentiment is crucial for making informed decisions. Investors often rely on various indicators and patterns to gauge the mood of the market.
Delve into the intricacies of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in the travel sector. Learn about their implications and applicability to ensure tax compliance.
Ashwini Kumar Upadhyay Vs. Union of India (Supreme Court of India) Supreme court rejected the admission of the PIL “to set up an expert committee” for assessing the feasibility of introducing 3 years, LLB after high school Introduction: The Law profession being one of the noble and professional studies, requires the knowledge, expertise and maturity […]
Understand the eligibility of Input Tax Credit (ITC) on gratuity insurance for employees mandated by the Govt. of Karnataka. Legal nuances, implications, and analysis discussed here.
