Assessee’s Request to Amend/Rectify Form GSTR-1 Could Not Be Rejected If Wrong GSTIN Mentioned Inadvertently | HC

Case Details: Star Engineers (I) … Continue reading “Assessee’s Request to Amend/Rectify Form GSTR-1 Could Not Be Rejected If Wrong GSTIN Mentioned Inadvertently | HC”

HC Upholds Tribunal’s Decision of Reducing the Penalty as ED Fails to Provide a Valid Basis for Imposing the Maximum Penalty

Case Details: Special Director v. … Continue reading “HC Upholds Tribunal’s Decision of Reducing the Penalty as ED Fails to Provide a Valid Basis for Imposing the Maximum Penalty”

ROC Slapped Rs. 36.60 Lakhs Penalty on Ex, Directors & Co., for Non-appointment of KMPs Within the Prescribed Time Limit

Prof R Balakrishnan – [2023] … Continue reading “ROC Slapped Rs. 36.60 Lakhs Penalty on Ex, Directors & Co., for Non-appointment of KMPs Within the Prescribed Time Limit”

Possession by Receiver’s Agent Acting as a Custodian Doesn’t Qualify as “Possession” as Defined in Sec. 14 of the IBC

Case Details: Urshila Ajit Kerkar … Continue reading “Possession by Receiver’s Agent Acting as a Custodian Doesn’t Qualify as “Possession” as Defined in Sec. 14 of the IBC”

Search Authorization Was Erroneous If Grounds Set Out in Authorization Were Not Borne Out From Information on Record | HC

Case Details: Bhagat Ram Om … Continue reading “Search Authorization Was Erroneous If Grounds Set Out in Authorization Were Not Borne Out From Information on Record | HC”

[Opinion] Income-tax Implications and Accounting in the Real Estate Sector – Demystifying JDAs & Other Construction Contracts

Navneet Singal – [2023] 157 … Continue reading “[Opinion] Income-tax Implications and Accounting in the Real Estate Sector – Demystifying JDAs & Other Construction Contracts”

AA Rightly Admitted CIRP Plea on Basis of CD’s Balance Sheet Showing Loan Facility Availed from Financial Creditor | SC

Case Details: Vipin Sharma v. … Continue reading “AA Rightly Admitted CIRP Plea on Basis of CD’s Balance Sheet Showing Loan Facility Availed from Financial Creditor | SC”