• 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.

10 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

10 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

10 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

10 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

10 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

10 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

10 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

10 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

10 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

10 years ago

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