• Income Tax

Delay in filing Form 10B condoned as failure was in 1st year of operation of Trust

2 months ago

High Court condoned delay in filing Form 10B as the failure was in the 1st Year of operation of the…

  • Income Tax

Penalty u/s 270A quashed for no satisfaction on what was under reporting & misreporting by assessee

2 months ago

Penalty u/s 270A quashed as there was no satisfaction in the penalty order on what exactly was under reporting of…

  • Companies Act

Small Company threshold of paid up capital and turnover increased w.e.f 1st December 2025

2 months ago

Small Company threshold of paid-up capital increased to Rs. ten crores and turnover to Rs. hundred crores w.e.f. 1st December…

  • Income Tax

For registration u/s 12AA if CIT satisfaction limited to objects or also to activities? SLP admitted

2 months ago

For registration u/s 12AA if Commissioner’s satisfaction is limited to the objects of the Institution, or also to genuineness of…

  • Income Tax

Over 30 approvals u/s 153D within minutes amounted to total non-application of mind

2 months ago

Over 30 approvals u/s 153D granted within minutes amounted to total non-application of mind – Bombay High Court In a…

  • Income Tax

When disallowance is made u/s 37(1) section 69C is not applicable – ITAT

2 months ago

When AO invoked provisions of section 37(1) to disallow purchases, provisions of section 69C of the Act are not applicable…

  • Income Tax

ITAT refuses to accept cash book as source of deposit as assessee was not subject to audit

2 months ago

ITAT refuses to accept opening cash as source of cash deposit as assessee was not subject to audit and cash…

  • Income Tax

Mere preparation of income tax notice and send to dispatch not effective issuance

2 months ago

Mere preparation of income tax notice and forwarding the same for dispatch is not effective issuance of notice until it…

  • bankruptcy

Agreement validly terminated prior to CIRP not give any enforceable right to corporate debtor

2 months ago

Agreement validly terminated prior to initiation of CIRP did not constitute “assets” or “property” of the corporate debtor u/s 14…

  • negotiable instrument act

SC explains jurisdiction of courts under NI Act for dishonour of account payee or bearer cheques

2 months ago

Supreme Court explains jurisdiction of courts under NI Act for dishonour of account payee or bearer cheques In a recent…