Delay in filing appeal condoned as assessment order was not sent by post but to an inactive email. In a recent judgment, ITAT Cochin has condoned the delay in filing appeal as assessment order was not sent by post. The Tribunal opined that for communication to be complete, …
Recommendations of 53rd GST Council Meeting held on 22.06.2024. The GST Council inter alia made the recommendations relating to changes in GST tax rates, measures for facilitation of trade and measures for streamlining compliances in GST. GST Council recommends waiving interest and penalties for demand notices issued under Section …
Waiver of principal amount of loan from private bank cannot be treated as income – ITAT In a recent judgment, ITAT Chandigarh has held that the waiver of the principal amount of loan from private bank cannot be treated as income under Sections 2(24)(xviii), 28(iv) and 41(1) of …
Notice u/s 148A(b) not signed physically or digitally is illegal, invalid and inoperative – High Court In a recent judgment, High Court of Karnataka has held that Notice u/s 148A(b) was illegal on two counts first notice was not signed physically or digitally secondly, notice prescribed less than …
Assessment Order passed without giving copy of valuation report to assessee quashed by High Court In a recent judgment, High Court of Telangana has quashed Assessment order passed based upon valuation report without giving copy of valuation report to assessee. ABCAUS Case Law Citation:ABCAUS 4108 (2024) (06) HC …
Benefits of Employees’ State Insurance (ESI) Act 1948 extended to seven districts of Uttarakhand w.e.f. 1st April 2024 EMPLOYEES’ STATE INSURANCE CORPORATION NOTIFICATION New Delhi, the 18th June, 2024 No. N-17011/1/UK/2024-P&D—In pursuance of powers conferred by Section 46(2) of the Employees’ State Insurance Act, 1948 (34 of 1948), …
