State Authorities Couldn’t Initiate Fresh Proceedings if Central Authority Had Already Passed an Order on Same Issue

Case Details: Dott Services Ltd. … Continue reading “State Authorities Couldn’t Initiate Fresh Proceedings if Central Authority Had Already Passed an Order on Same Issue”

Rectification Order Disallowing Carry Forward of Loss Without Granting Hearing Opportunity to Assessee is Invalid | HC

Case Details: Apollo Speciality Hospitals … Continue reading “Rectification Order Disallowing Carry Forward of Loss Without Granting Hearing Opportunity to Assessee is Invalid | HC”

[Opinion] Tax Assessment of A Person Other Than The One Searched: A Deer in The Headlights -‘Cascading Effect’ Not Any Longer!!

Aseem Chawla – [2024] 162 … Continue reading “[Opinion] Tax Assessment of A Person Other Than The One Searched: A Deer in The Headlights -‘Cascading Effect’ Not Any Longer!!”

[Opinion] False Disclosure in Board’s Report on Related Party Transactions Results in Penalties for the Company and Its Directors

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] False Disclosure in Board’s Report on Related Party Transactions Results in Penalties for the Company and Its Directors”

Director’s Challenge to Co.’s Wilful Defaulter Status Dismissed as Lender’s Review Committee Found No Irregularity

Case Details: Gouri Prasad Goenka … Continue reading “Director’s Challenge to Co.’s Wilful Defaulter Status Dismissed as Lender’s Review Committee Found No Irregularity”