Rectification Order Disallowing Carry Forward of Loss Without Granting Hearing Opportunity to Assessee is Invalid | HC

Case Details: Apollo Speciality Hospitals … Continue reading “Rectification Order Disallowing Carry Forward of Loss Without Granting Hearing Opportunity to Assessee is Invalid | HC”

[Opinion] Tax Assessment of A Person Other Than The One Searched: A Deer in The Headlights -‘Cascading Effect’ Not Any Longer!!

Aseem Chawla – [2024] 162 … Continue reading “[Opinion] Tax Assessment of A Person Other Than The One Searched: A Deer in The Headlights -‘Cascading Effect’ Not Any Longer!!”

RBI Directs ‘Regulated Entities’ to Review Their Practices Regarding Mode of Loan Disbursal & Application of Interest

Circular No. RBI/2024-25/30 DoS.CO.PPG.SEC.1/11.01.005/2024-25, Dated … Continue reading “RBI Directs ‘Regulated Entities’ to Review Their Practices Regarding Mode of Loan Disbursal & Application of Interest”

[Opinion] Producer Company and Its Directors Penalized for Not Filing AGM Proceedings Along With Financials & Board Report

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] Producer Company and Its Directors Penalized for Not Filing AGM Proceedings Along With Financials & Board Report”

HC Directed Assessee to Respond to Only Those Issues of Fresh SCN Which Weren’t Already Decided in Previous Adjudication Order

Case Details: Jayanthi Plastics (Defunct) … Continue reading “HC Directed Assessee to Respond to Only Those Issues of Fresh SCN Which Weren’t Already Decided in Previous Adjudication Order”