• Companies Act

Power of striking off name of defunct LLP to be exercised by CPACE in place of Registrar

1 year ago

Power of striking off name of defunct LLP to be exercised by Centre for Processing Accelerated Corporate Exit (CPACE). The…

  • Companies Act

All Penalty proceedings under Companies Act to be in electronic mode only

1 year ago

All Penalty proceedings / adjudication under Companies Act to be in electronic mode only. MCA notifies the Companies (Adjudication of…

  • Income Tax

Legal representatives can not be proceeded without complying provisions u/s 148A(b)

1 year ago

Legal representatives can not be proceeded without following provisions u/s 148A(b) - High Court In a recent judgment, the Hon'ble…

  • Income Tax

Submission of form 10CCB is directory not mandatory – ITAT allows deduction u/s 80IB

1 year ago

Submission of form 10CCB is directory in nature and not mandatory - ITAT In a recent judgment, the ITAT Amritsar…

  • Income Tax

Relief from higher TDS/TCS in case death of deductee before PAN & Aadhaar linkage

1 year ago

CBDT has given relief from high TDS/TCS rates u/s 206AA / 206CC in case of death of deductee/collectee before linkage…

  • Income Tax

Section 50C not applicable when land was sold by secured lenders to recover dues – SC

1 year ago

Provisions of Section 50C were not applicable as land was sold by the secured lenders to recover from dues, SC…

  • Income Tax

Observing absence of financial difficulties not consideration of genuine hardship – HC

1 year ago

Merely observing absence of financial difficulties does not amount to consideration of genuine hardship - High Court In a recent…

  • bankruptcy

NCLT can decided fee & expenses of RP only on basis of material before it

1 year ago

NCLT could have decided fee and expenses of RP only on basis of material before it In a recent judgment,…

  • Income Tax

No disallowance of late deposit of PF/ESI to be made without giving opportunity

1 year ago

No disallowance of late deposit of PF/ESI can be made without affording opportunity to assessee to show that the said…

  • RBI

News of penalty for maintaining accounts in more than one bank is fake

1 year ago

New of penalty for maintaining accounts in more than one bank is fake - PIB Factcheck A misconception is being…