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Blog, News, Income Tax

November 9, 2022

No denial of exemption just because sum received as gift isn’t transferred from bank account of relative: ITAT

Case Details: P. Srinivasan v. … Continue reading “No denial of exemption just because sum received as gift isn’t transferred from bank account of relative: ITAT”

Blog, News, GST & Customs

November 9, 2022

HC allowed petitioner to amend GSTR-1 & rectify mistake of wrong GSTIN

Case Details: Mahalaxmi Infra Contract … Continue reading “HC allowed petitioner to amend GSTR-1 & rectify mistake of wrong GSTIN”

News, Blog, GST & Customs

November 9, 2022

Cryptic and non-speaking order passed without considering annexure filed by petitioner to be set aside: HC

Case Details: Jothi Agency v. … Continue reading “Cryptic and non-speaking order passed without considering annexure filed by petitioner to be set aside: HC”

Blog, News, Income Tax

November 8, 2022

Benefit of LTA isn’t available if employees undertake domestic travel with a foreign leg: Apex Court

Case Details: State Bank of … Continue reading “Benefit of LTA isn’t available if employees undertake domestic travel with a foreign leg: Apex Court”

Blog, News, Income Tax

November 8, 2022

Govt. specifies additional 15 days for purchase of ‘electoral bond’ in year of general elections of States/UT

S.O. 5163(E), dated 07-11-2022 The … Continue reading “Govt. specifies additional 15 days for purchase of ‘electoral bond’ in year of general elections of States/UT”

Blog, News, FEMA & Banking

November 8, 2022

Non-disclosure of order passed by the Division bench while obtaining assistance of DM is undoubtedly a serious matter: HC

Case Details: Tapasi Routh nee … Continue reading “Non-disclosure of order passed by the Division bench while obtaining assistance of DM is undoubtedly a serious matter: HC”

News, Blog, GST & Customs

November 8, 2022

HC directs anti-evasion wing not to proceed with notices issued for period whose GST audit had been commenced

Case Details: R. P. Buildcon … Continue reading “HC directs anti-evasion wing not to proceed with notices issued for period whose GST audit had been commenced”

Blog, News, FEMA & Banking

November 8, 2022

Opportunity of being heard must be given to petitioner before removing name from Bank’s Panel Advocates list: HC

Case Details: Rajan Shrivallabha Deshpande … Continue reading “Opportunity of being heard must be given to petitioner before removing name from Bank’s Panel Advocates list: HC”

Blog, News, GST & Customs

November 8, 2022

HC dismissed petition requesting that Chairman and MD may not be summoned by department for investigation

Case Details: Suumaya Industries Ltd. … Continue reading “HC dismissed petition requesting that Chairman and MD may not be summoned by department for investigation”

Blog, News, Insolvency and Bankruptcy Code

November 7, 2022

A personal guarantor to CD can’t escape from his liability even after obtaining citizenship of a foreign country: NCLAT

Case Details: Sudip Dutta @ … Continue reading “A personal guarantor to CD can’t escape from his liability even after obtaining citizenship of a foreign country: NCLAT”