Penalty u/s 271B is not attracted in a case where books of account have not been maintained In a recent…
NALCO invites RFP for empanelment of Chartered Accountant Firms for verification of Stores/Spares and movable assets. NALCO has invited Request…
Sending or bringing currency of Nepal and Bhutan - RBI revises exiting regulations RBI has notified the Foreign Exchange Management…
Entire manufacturing process though by distinct units relevant for exemption from excise duty on account of manufacture without aid of…
High Court condoned delay in filing Form 10B as the failure was in the 1st Year of operation of the…
Penalty u/s 270A quashed as there was no satisfaction in the penalty order on what exactly was under reporting of…
Small Company threshold of paid-up capital increased to Rs. ten crores and turnover to Rs. hundred crores w.e.f. 1st December…
For registration u/s 12AA if Commissioner’s satisfaction is limited to the objects of the Institution, or also to genuineness of…
Over 30 approvals u/s 153D granted within minutes amounted to total non-application of mind – Bombay High Court In a…
When AO invoked provisions of section 37(1) to disallow purchases, provisions of section 69C of the Act are not applicable…