• GST

Commencement date of amended provisions related to Input Service Distributor & penalty u/s 122A

2 years ago

Commencement date notified for amended provisions related to distribution of credit by Input Service Distributor and penalty u/s 122A GOVERNMENT…

  • Income Tax

Capital Gain Indexation Relief – Option proposed for properties acquired before 23/07/2024

2 years ago

Capital Gain Indexation Relief - Option of indexation on sale of properties to be incorporated in Finance Bill 2024 Government…

  • Income Tax

Reopening on incorrect reasons recorded that assessee not filed ITR quashed by ITAT

2 years ago

Reopening on incorrect reasons recorded that assessee not filed return of income quashed by ITAT In a recent judgment, ITAT…

  • Companies Act

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

2 years 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

2 years 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)

2 years 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

2 years 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

2 years 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

2 years 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

2 years ago

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