• Judgments

Uttarakhand High Court Judgment quashing Presidential Rule under Article 356. It was without any basis at all, in fact, it was a blatant falsehood.

8 years ago

Today, the Hon'ble High Court of Uttarakhand made its landmark judgment online that quashed the Presidential Rule in Uttarakhand which…

  • Company Law Board

Directors resignation whether effective only when approved by Board by passing resolution? Analysis of CLB Judgment

8 years ago

Company Law Board (CLB) Principal Bench, New Delhi in its recent judgment has held that whenever a company is required…

  • Start-ups

Start-Ups Intellectual Property Protection SIPP Scheme to facilitate protection of Patents, Trademark and Designs of innovative and interested Start Ups

8 years ago

Scheme for Facilitating Start-Ups Intellectual Property Protection (SIPP) Introduction Intellectual Property Rights (lPRs) arc emerging as a strategic bu siness…

  • Income Tax

Statement recorded u/s 133A can not be retracted saying survey team exerted force on assessee when he issued a cheque by properly preparing, signing it

8 years ago

In a recent judgment, ITAT Chennai has held that a statement recorded u/s 133A can not be retracted saying survey…

  • Income Tax

Funds shortage due to project expansion was sufficient cause not to impose penalty u/s 221(1) for self assessment tax non payment before filing ITR

8 years ago

In a recent judgment, ITAT Chennai has held that paucity of funds due to project expansion was a sufficient case not…

  • Income Tax

Section 68 not applicable to liabilities representing old opening balances. Assessee’s Consent / acceptance do not give jurisdiction/right to make addition

8 years ago

In a recent judgment, ITAT Chennai has stated that consent/acceptance given by assessee could not give jurisdiction and a right to the assessing…

  • ICAI

ICAI Guidance Note on CARO 2016

8 years ago

Companies (Auditor’s Report) Order, 2016 (CARO 2016) issued by the Ministry of Corporate Affairs (MCA) is applicable for audits of financial…

  • Rules

New Rules notified by Government to revamp Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act

8 years ago

Ministry of Social Justice & Empowerment-Press Release dated 23/04/2016 New Rules notified by Government to revamp Scheduled Castes and Scheduled…

  • Excise/Custom

Central Govt. extends time limit for taking Central Excise registration of jeweller establishment up to 01.07.2016

8 years ago

Circular No. 1026/14/2016-CX F. No. 354/25/2016-TRU Government of India Ministry of Finance Tax Research Unit New Delhi, the 23rd April,…

  • Income Tax

Claim for sales return provision was in accordance with AS notified u/s 145 being best estimate of information available

8 years ago

In a recent judgment, ITAT Delhi has allowed claim for provision made for sales return holding that as per Accounting Standard…