News

News, Blog, GST & Customs

April 2, 2024

HC Directs to Modify the Cancelled Registration of Assessee to the Extent That It Could Make Supply to Realize Receipts

Case Details: OSM Projects Private … Continue reading “HC Directs to Modify the Cancelled Registration of Assessee to the Extent That It Could Make Supply to Realize Receipts”

Blog, News, FEMA & Banking

April 2, 2024

RBI Excludes ‘Kapol Co-operative Bank Limited’ From the Second Schedule of the RBI Act, 1934

Notification No. DoR.REG/LIC.No.S6720/07.12.000/2023-24, Dated: 22.02.2024 … Continue reading “RBI Excludes ‘Kapol Co-operative Bank Limited’ From the Second Schedule of the RBI Act, 1934”

Blog, News, FEMA & Banking

April 2, 2024

Plea to Reject Complaint for Cheque Bounce Dismissed as Petitioner-director Couldn’t Prove Her Resignation From Co. | HC

Case Details: Suman Arora v. … Continue reading “Plea to Reject Complaint for Cheque Bounce Dismissed as Petitioner-director Couldn’t Prove Her Resignation From Co. | HC”

News, Blog, Income Tax

April 2, 2024

No New Tax Changes Effective From April 1, 2024 | CBDT Issues Clarification on New Tax Regime

Press Release, dated 31-03-2024 In … Continue reading “No New Tax Changes Effective From April 1, 2024 | CBDT Issues Clarification on New Tax Regime”

Blog, News, Income Tax

April 2, 2024

Sec. 234A Interest Can Be Waived Off if Tax Was Deposited Immediately After Receiving Notice From AO | HC

Case Details: Baso Devi vs. … Continue reading “Sec. 234A Interest Can Be Waived Off if Tax Was Deposited Immediately After Receiving Notice From AO | HC”

Blog, News, GST & Customs

April 1, 2024

Kerala HC Dismissed Writ & Denied Relief to Assessee Who Mistakenly Claimed IGST Instead of CGST/SGST

Case Detail: M Trans Corporation … Continue reading “Kerala HC Dismissed Writ & Denied Relief to Assessee Who Mistakenly Claimed IGST Instead of CGST/SGST”

Blog, News, Income Tax

April 1, 2024

[Opinion] Reassessment and Article 142 of the Constitution of India – Does the SC Judgement in Ashish Agarwal Need a Fresh Analysis?

Devendra Jain & CA Aniket … Continue reading “[Opinion] Reassessment and Article 142 of the Constitution of India – Does the SC Judgement in Ashish Agarwal Need a Fresh Analysis?”

Blog, News, Income Tax

April 1, 2024

Leasehold Interest in Land is Asset of Co. Capable of Valuation; to Be Included in Asset Value to Determine Shares FMV

Case Detail: PCIT vs. Dr. … Continue reading “Leasehold Interest in Land is Asset of Co. Capable of Valuation; to Be Included in Asset Value to Determine Shares FMV”

Blog, News, GST & Customs

April 1, 2024

Penalty to Be Imposed Only in Cases of Intentional Tax Evasion, Not on Inadvertent Errors | Allahabad HC

Case Detail: Indeutsch Industries (P.) … Continue reading “Penalty to Be Imposed Only in Cases of Intentional Tax Evasion, Not on Inadvertent Errors | Allahabad HC”

Blog, News, Company Law

April 1, 2024

Single Judge Erred in Rejecting Winding Up Plea w.r.t Improper Sale of Co.’s Assets, Matter to Be Decided Afresh | HC

Case Detail: Sanjay Suchanti v. … Continue reading “Single Judge Erred in Rejecting Winding Up Plea w.r.t Improper Sale of Co.’s Assets, Matter to Be Decided Afresh | HC”