• Supreme Court

Forfeiture of gratuity not automatic on dismissal from service -Supreme Court

7 years ago

Forfeiture of gratuity is not automatic on dismissal from service; it is subject to sub-Sections (5) and (6) of Section…

  • Income Tax

Compensation paid to retiring partner on family settlement allowed as deduction to firm

7 years ago

Compensation paid to retiring partner consequent to family settlement-Deduction allowed as capital of firm was kept intact and business was…

  • Income Tax

Interest for late payment of service tax not penal in nature u/s 37 but only compensatory – ITAT

7 years ago

Interest for late payment of service tax not penal in nature but only compensatory. ITAT deletes disallowance made under section…

  • ICSI

Professional Misconduct-diligence required by Practising Company Secretary extends to the purpose of law

7 years ago

Professional Misconduct-diligence required by Practising Company Secretary is not merely restricted to verification of the documents but extends to the…

  • SEBI

Prosecution cases launched for violation of SEBI Act and Regulations

7 years ago

Prosecution cases launched for violation of SEBI Act and Regulations.   SEBI has made available a list of where prosecution has…

  • Income Tax

Deliberate non production of books of account is concealment of income – High Court

7 years ago

Deliberate non production of books of account held as concealment of income. Books maintained in computer even if lost can…

  • Income Tax

Tahbazari is not covered under TCS provisions u/s 206C(1C). Toll plaza are different from Tahbazari

7 years ago

Tahbazari is not covered under TCS provisions u/s 206C(1C).  Toll plaza does not include Tahbazari as there is no toll…

  • Income Tax

Agricultural land-revenue records can not be rejected without any basis or material evidence-ITAT

7 years ago

Agricultural land-revenue records can not be rejected without any basis or material evidence holding it to be an mechanical entry…

  • DGFT

Online IEC applications-Effective from 9.8.2018 requirement of PAN & DSC removed

7 years ago

Online IEC applications-Effective from 9.8.2018 requirement of PAN & DSC removed. As per amended Policy and Procedure only 2 documents…

  • Excise/Custom

AEO-T1 application processing simplification and rationalization. Applications to be filed in new annexures 1 & 2

7 years ago

AEO-T1 application processing simplification and rationalization. All new applications are to be mandatorily  filed in form of new annexures 1 &…