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News, Blog, Income Tax

September 25, 2024

Release of Rights in Co-Owned Property to Be Considered as Transfer on Date of Release Deed | ITAT

Case Details: Narendra Mahendra Kothari … Continue reading “Release of Rights in Co-Owned Property to Be Considered as Transfer on Date of Release Deed | ITAT”

Blog, News, GST & Customs

September 25, 2024

HC Remanded Matter as Lower Authority Passed Ex-Parte Order and SCN Wasn’t Contested by Assessee

Case Details: IL and FS … Continue reading “HC Remanded Matter as Lower Authority Passed Ex-Parte Order and SCN Wasn’t Contested by Assessee”

Blog, News, GST & Customs

September 25, 2024

Appeal Against Penalty Can’t Be Rejected Merely Because Tax Wasn’t Challenged | HC

Case Details: Aatral Associates v. … Continue reading “Appeal Against Penalty Can’t Be Rejected Merely Because Tax Wasn’t Challenged | HC”

Blog, News, Income Tax

September 24, 2024

No Reassessment to Disallow Bogus Purchases if Tax Payable on Same Was Less Than Tax Paid Under Section 115JB

Case Details: Adani Wilmar Ltd. … Continue reading “No Reassessment to Disallow Bogus Purchases if Tax Payable on Same Was Less Than Tax Paid Under Section 115JB”

Blog, News, Insolvency and Bankruptcy Code

September 24, 2024

NCLAT Upholds Plea u/s 95 as Timely Filed Due to Debt Acknowledgment and SC’s Exclusion of COVID Period

Case Details: Jagdishchandra Mansukhani v. … Continue reading “NCLAT Upholds Plea u/s 95 as Timely Filed Due to Debt Acknowledgment and SC’s Exclusion of COVID Period”

Blog, News, Income Tax

September 24, 2024

[Opinion] Please Mind the Fine Line | An Analysis of Supreme Court’s Judgment on Mineral Rights

Priya Tandon & Priyam Bhatnagar … Continue reading “[Opinion] Please Mind the Fine Line | An Analysis of Supreme Court’s Judgment on Mineral Rights”

News, Blog, Account & Audit

September 24, 2024

Tax Audit Checklist on Clauses 41 to 44 of Form 3CD Under the Income Tax Act, 1961

The Tax Audit Checklist for … Continue reading “Tax Audit Checklist on Clauses 41 to 44 of Form 3CD Under the Income Tax Act, 1961”

Blog, News, Company Law

September 24, 2024

[Opinion] Practicing Company Secretary Penalized by ROC for Incorrect Annual Return Certification

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] Practicing Company Secretary Penalized by ROC for Incorrect Annual Return Certification”

Blog, News, Income Tax

September 23, 2024

[Opinion] From Clarity to Confusion | Analyzing the Impact of the CBDT Instruction No. 1 of 2023

On 24th April 2023, The … Continue reading “[Opinion] From Clarity to Confusion | Analyzing the Impact of the CBDT Instruction No. 1 of 2023”

Blog, News, Income Tax

September 23, 2024

CBDT Notifies Direct Tax Vivad Se Vishwas Rules, 2024

Notification No. 104/2024, dated 20-09-2024 … Continue reading “CBDT Notifies Direct Tax Vivad Se Vishwas Rules, 2024”