• Companies Act

Startup companies may now amalgamate/merge with unlisted companies

3 months ago

Startup companies may now amalgamate/merge with unlisted companies – The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 The MCA…

  • Income Tax

Depreciation can not be disallowed even if software purchased was second hand – ITAT

3 months ago

Merely because vendor could not produce evidence for original purchase of software sold to assesssee, the depreciation thereon could not…

  • recovery

A person executing promissory note later can’t deny receiving cash for want of any proof.

3 months ago

Absence of documentary proof would not lead to conclusion that cash amount was not paid when the receiver has executed…

  • Income Tax

Addition u/s 69C for bogus purchase deleted as AO failed to bring on record any evidence

3 months ago

Addition u/s 69C towards alleged bogus purchase deleted due to failure of AO to bring on record any material/evidence for…

  • Income Tax

Reopening quashed as SC did not declare mining illegal till the date of its decision

3 months ago

Reopening on the allegation of non disclosure of illegal mining was quashed as Apex Court did not declare it illegal…

  • Income Tax

Order u/s 148A(d) set aside as sanction wrongly recorded non response to notice u/s 148A(b)

3 months ago

Order u/s 148A(d) set aside as sanctioning authority wrongly recorded that no response was filed in response to the notice…

  • Income Tax

Shifting responsibility of inordinate delay in filing appeal on counsel- SLP dismissed

3 months ago

Supreme Court declines to entertain inordinate delay of seven/six years in filing appeal by shifting responsibility of delay on counsel-…

  • Income Tax

When assessee given immunity from disclosing chicken, can’t be asked to disclose eggs – ITAT

3 months ago

When assessee is given immunity from disclosing chicken, can’t be asked to disclose eggs – ITAT deleted addition u/s 69A…

  • GST

56th GST Council recommends changes in GST rates, measures for facilitation of trade

3 months ago

GST Council recommends changes in GST tax rates to provide relief to individuals, middle class and measures for facilitation of…

  • Income Tax

NFAC order quashed as Section 151A had not commenced when notice issued

3 months ago

Order passed by NFAC quashed as section 151A of e-assessment of income escaping assessment scheme 2022 had not commenced at…