News

Voluntary winding up of LLP, as the name suggests, is initiated by the partners themselves, not by a court or creditors. This ...
Jammu and Kashmir High Court granted bail to the petitioner caught in alleged illicit drug on the ground of medical condition ...
This article examines the provisions of Section 54(10), the issues arising from its application, particularly regarding minor ...
The new tax regime, introduced to simplify taxation with lower rates, comes with a trade-off: fewer deductions. However, for ...
The (KSCAA) has submitted a representation to the Ministry of Corporate Affairs (MCA) Secretary, Shri Manoj Govil, outlining ...
Telangana High Court held that non-granting of at least seven days for furnishing reply is against the Standard Operating ...
ITAT Lucknow dismisses revenue appeal, annulling reassessment against Mohd. Ayub Mohd. Yaqub Perfumers, citing lack of nexus and concrete ...
ITAT Bangalore dismisses revenue's appeal, ruling that income addition based on third-party seized document lacks corroboration and cannot use search ...
Gauhati High Court directs immediate restoration of a resort's GST registration, cancelled due to non-filing, contingent on filing pending returns and paying all statutory ...
Assessee was engaged in agro-based trading, faced reassessment for (AY) 2017-18 based on information from a survey under Section 133A conducted at premises linked to Shri Ashok Kumar Gupta and ...
Madras High Court held that imposition of penalty u/s. 112 of the Customs Act, 1962 based on case of the person from whom gold was seized without independently considering the case of the petitioner ...
Understanding GST implications for corporate guarantees, including valuation rules, historical context, and recent clarifications from CBIC on taxability based on issuance ...