• Income Tax

Penalty u/s 270A @ 200% upheld for claiming fake deductions under Chapter VIA

3 months ago

Penalty u/s 270A @ 200% upheld for claiming fake deductions under Chapter VIA In a recent judgment, ITAT Pune has…

  • MCA

Ten new offices of  Regional Directors MCA established under LLP Act / Companies Act

3 months ago

Government established ten new offices of  Regional Directors MCA under LLP Act 2008/Companies Act 2013 The Central Government, in exercise…

  • bankruptcy

Non-redemption not make preference shareholders creditors or debt of company

3 months ago

Non-redemption does not result in preference shareholders becoming creditors or debt of the company – Supreme Court In a recent…

  • Income Tax

CIT CPC to initiate rectification of orders passed through interface between AO & CPC

3 months ago

CBDT has issued Notification No. 155/2025 dated 27.10.2025 authorising Commissioner of Income Tax, Centralized Processing Centre, Bengaluru  to pass rectification…

  • GST

CBIC assigns Proper Officer u/s 74A, u/s 75(2) & u/s 122 of CGST Act, 2017

3 months ago

CBIC assigns proper officer under section 74A, section 75(2) and section 122 of the Central Goods and Services Tax Act,…

  • Companies Act

MCA establishes ten new offices of ROC for registration of LLPs

3 months ago

MCA establishes Ten new offices of Registrars of Companies in India for registration of LLPs The Ministry of Corporate Affairs…

  • Income Tax

Reliance on decision which is sub-judice wouldn’t make assessment order erroneous

3 months ago

Merely because the decision of the High Court followed by Ao was sub-judice before the Supreme Court it would not…

  • Income Tax

Deduction of interest on borrowings invested in capital of firm allowed against interest on capital

3 months ago

Deduction of interest on borrowings invested in capital of firm allowed against interest on capital under the head profit and…

  • DGFT

DGFT clarifies applicability of restriction on silver jewellery import by units in SEZs

3 months ago

DGFT Clarification on applicability of restriction imposed on silver jewellery import by units located in Special Economic Zones (SEZs) Government…

  • Income Tax

Information gathered in an illegal search can’t be used in an illegal proceeding

3 months ago

Even if search held invalid, information or material gathered may be relied upon by revenue only in a proceeding which…