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Blog, News, Insolvency and Bankruptcy Code

February 27, 2025

Sec 101(1) of IBC Limits Moratorium Period to 180 Days; NCLT/NCLAT Cannot Extend It Further for PIRP

Case Details: Anil Kumar v. … Continue reading “Sec 101(1) of IBC Limits Moratorium Period to 180 Days; NCLT/NCLAT Cannot Extend It Further for PIRP”

Blog, News, Income Tax

February 27, 2025

Adjustment of GST Value in Total Consideration to Accommodate Increase in GST Rate Not Covered Under Sec. 56(2)(x) | ITAT

Case Details: Jayantilal Umashankar Chavji … Continue reading “Adjustment of GST Value in Total Consideration to Accommodate Increase in GST Rate Not Covered Under Sec. 56(2)(x) | ITAT”

News, Blog, GST & Customs

February 27, 2025

For GST Registration, Consent of One Co-Owner is Sufficient When Property is Jointly Owned

Case Details: Satya Dev Singh … Continue reading “For GST Registration, Consent of One Co-Owner is Sufficient When Property is Jointly Owned”

Blog, News, GST & Customs

February 27, 2025

Penalty for Mismatch Between E-Way Bill & Delivery Challan Upheld as It Indicates Intention to Conceal Actual Recipient of Goods

Case Details: Mohammad Shamasher vs. … Continue reading “Penalty for Mismatch Between E-Way Bill & Delivery Challan Upheld as It Indicates Intention to Conceal Actual Recipient of Goods”

News, Blog, Company Law

February 26, 2025

Government Reintroduces Advocates (Amendment) Bill, 2025 for Public Consultation; Bar Council Welcomes Decision

Press Release; Dated: 22.02.2025 Earlier, … Continue reading “Government Reintroduces Advocates (Amendment) Bill, 2025 for Public Consultation; Bar Council Welcomes Decision”

Blog, News, Insolvency and Bankruptcy Code

February 26, 2025

Initiation of Recovery Proceedings Before DRT Doesn’t Preclude Financial Creditor From Filing Application u/s 7 of IBC | NCLAT

Case Details: Pawan Kumar v. … Continue reading “Initiation of Recovery Proceedings Before DRT Doesn’t Preclude Financial Creditor From Filing Application u/s 7 of IBC | NCLAT”

Blog, News, GST & Customs

February 26, 2025

Order for Cancellation of GST Registration Quashed as Documentary Evidence Proves Actual Functioning at Registered Address | HC

Case Details: Redroom Technology (P.) … Continue reading “Order for Cancellation of GST Registration Quashed as Documentary Evidence Proves Actual Functioning at Registered Address | HC”

Blog, News, GST & Customs

February 26, 2025

CBIC Circular Allowing ITC on Demo Vehicles Will Prevail Over the Order Denying the Same | HC

Case Details: Sai Service (P.) … Continue reading “CBIC Circular Allowing ITC on Demo Vehicles Will Prevail Over the Order Denying the Same | HC”

News, Blog, Income Tax

February 26, 2025

[Opinion] Streamlining Taxation for Non-Profit Organizations | Key Reforms in the New Income Tax Bill, 2025

Krishan Shaw & Utkarsh Tulsian … Continue reading “[Opinion] Streamlining Taxation for Non-Profit Organizations | Key Reforms in the New Income Tax Bill, 2025”

Blog, News, Income Tax

February 26, 2025

No Relief From Penalty if Assessee Failed to Explain Possession of Incriminating Docs Recovered During Search | ITAT

Case Details: Rajendra Agarwal v. … Continue reading “No Relief From Penalty if Assessee Failed to Explain Possession of Incriminating Docs Recovered During Search | ITAT”