Limitation Act applicable to IBC 2016 from its inception for CRIP applications filed under Sections 7 and 9 - Supreme Court…
Proportionate allocation of deemed dividend based on shareholding of borrowing company may arise if there are two or more common…
Sawai Man Singh was not holder of an impartible estate, He was absolute Ruler till merger and thereafter his status…
No Late Fee 234E can be levied when challan cum statement Form 26QB filed within the due date as required…
Expecting assessee to submit voluminous details at fag end in a short period of time when AO kept assessment proceedings…
TPO had no power to impose penalty u/s 271G before 01.10.2014. Law operating on the date on which the wrongful…
No question of change of opinion when subject matter income not shown in original return or was not the subject…
Rejection of books of account for failure to file confirmation from parties not justified. Rejection of a particular expenditure no…
Rejected goods cannot be considered for valuation of closing stock. Therefore there was concealment of income or furnishing of inaccurate…
Concealment penalty upheld on profit estimated on suppressed turnover conceded by assessee and quantified on the basis of Form 26AS…