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Blog, News, Insolvency and Bankruptcy Code

July 30, 2022

Petitioner was liable to deposit arrears of lease rent to GNIDA as he stepped into shoes of corporate debtor: HC

Case Details: Palika Towns LLP … Continue reading “Petitioner was liable to deposit arrears of lease rent to GNIDA as he stepped into shoes of corporate debtor: HC”

Blog, News, Income Tax

July 30, 2022

Income Tax Department conducts search operations on group based in Tamil Nadu

  Press Release, dated 28-07-2022 … Continue reading “Income Tax Department conducts search operations on group based in Tamil Nadu”

Blog, News, Income Tax

July 30, 2022

No penalty for non-deduction of tax at year-end if amount payable to payees wasn’t identifiable: ITAT

Case Details: ACIT v. Parsons … Continue reading “No penalty for non-deduction of tax at year-end if amount payable to payees wasn’t identifiable: ITAT”

Blog, News, Company Law

July 29, 2022

[Opinion] Whether related parties are prohibited to vote on resolution for rescinding material RPT?

[2022] 140 taxmann.com 589 (Article) … Continue reading “[Opinion] Whether related parties are prohibited to vote on resolution for rescinding material RPT?”

Blog, News, Income Tax

July 29, 2022

HC validates issue of Sec. 148 notice as income in Form 26AS is higher than income disclosed in P&L account

Case Details: Distributors India C … Continue reading “HC validates issue of Sec. 148 notice as income in Form 26AS is higher than income disclosed in P&L account”

News, Blog, Income Tax

July 29, 2022

CBDT notifies procedures for allotment of PAN to an LLP

Notification No. 04/2022, dated 26-07-2022 … Continue reading “CBDT notifies procedures for allotment of PAN to an LLP”

Blog, News, Account & Audit

July 29, 2022

[Checklist] Clause 3(xvii) to 3(xix) of CARO 2020

Clause 3(xvii): whether the company … Continue reading “[Checklist] Clause 3(xvii) to 3(xix) of CARO 2020”

Blog, News, GST & Customs

July 29, 2022

[Opinion] Striking Down of Circular on Taxability of Annuities – HAM Projects

CA Sri Harsha [2022] 140 … Continue reading “[Opinion] Striking Down of Circular on Taxability of Annuities – HAM Projects”

Blog, News, GST & Customs

July 29, 2022

ITC is not available on input services procured for promotional schemes: AAAR

Case Details: Appellate Authority for … Continue reading “ITC is not available on input services procured for promotional schemes: AAAR”

Blog, Income Tax

August 4, 2022

Which deductions are allowed while calculating PGBP?

Table of Contents: 1. Rent, … Continue reading “Which deductions are allowed while calculating PGBP?”