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Blog, News, Company Law

June 4, 2024

[Opinion] ROC Drops Proceedings Against Company for Late Filing of Form DIR-12 Due to MCA V3 Portal Issues – A Case Study

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] ROC Drops Proceedings Against Company for Late Filing of Form DIR-12 Due to MCA V3 Portal Issues – A Case Study”

Blog, News, Income Tax

June 4, 2024

[Opinion] Legality of Second Notice Under Section 148 for the Same Assessment Year

Dev Agarwal – [2024] 163 … Continue reading “[Opinion] Legality of Second Notice Under Section 148 for the Same Assessment Year”

Blog, News, International Tax

June 4, 2024

Delhi HC Rules ‘Progress Rail Locomotive Inc.’ Lacks Permanent Establishment in India | Reassessment Notices Quashed

Case Details: Progress Rail Locomotive … Continue reading “Delhi HC Rules ‘Progress Rail Locomotive Inc.’ Lacks Permanent Establishment in India | Reassessment Notices Quashed”

News, Blog, FEMA & Banking

June 4, 2024

Courts’ Power to Order Interim Compensation U/s 143A of NI Act is Discretionary and Applies Only to Cheque Drawer | HC

Case Details: Prakash Vasant Ajgaonkar … Continue reading “Courts’ Power to Order Interim Compensation U/s 143A of NI Act is Discretionary and Applies Only to Cheque Drawer | HC”

Blog, News, GST & Customs

June 3, 2024

HC Restored Registration of Assessee Which Was Cancelled by Merely Mentioning “Obtained by Fraud or Misstatement or Suppression”

Case Details: T S R … Continue reading “HC Restored Registration of Assessee Which Was Cancelled by Merely Mentioning “Obtained by Fraud or Misstatement or Suppression””

Blog, News, GST & Customs

June 3, 2024

Recovery Proceedings u/s 79 Can Be Initiated Before 3 Months Only in Exceptional Cases, Detailed Instructions Issued by CBIC

Instruction No. 01/2024-GST dated May … Continue reading “Recovery Proceedings u/s 79 Can Be Initiated Before 3 Months Only in Exceptional Cases, Detailed Instructions Issued by CBIC”

News, Blog, Account & Audit

June 3, 2024

Checklist for Clause 9 and 10 of Form 3CD in Tax Audit under the Income Tax Act, 1961

Clause 9(a) of Form 3CD … Continue reading “Checklist for Clause 9 and 10 of Form 3CD in Tax Audit under the Income Tax Act, 1961”

News, Blog, Company Law

June 3, 2024

HC Allows Dissolution Plea as Company Had No Further Assets to Realize, Making Pending Winding-up Proceedings Purposeless

Case Details: Bank of India … Continue reading “HC Allows Dissolution Plea as Company Had No Further Assets to Realize, Making Pending Winding-up Proceedings Purposeless”

Blog, News, Income Tax

June 3, 2024

CBDT Amends Form 27Q | Added ‘Note 7A’ for Furnishing Information About Lower or No TDS u/s 197A

Notification No. 48/2024, dated, 31-05-2024 … Continue reading “CBDT Amends Form 27Q | Added ‘Note 7A’ for Furnishing Information About Lower or No TDS u/s 197A”

Blog, News, Income Tax

June 3, 2024

Additional Tax u/s 143(1) Isn’t Valid If Assessee Revised His Return and Same Was Taken Up in Scrutiny | HC

Case Details: Khandelwal Rubber Products … Continue reading “Additional Tax u/s 143(1) Isn’t Valid If Assessee Revised His Return and Same Was Taken Up in Scrutiny | HC”