INCOME TAX : Where Assessing Officer passed reassessment order on direction of Commissioner (Appeals) to assess undisclosed income in hands of assessee's HUF and exclude same from hands of assessee…
INCOME TAX : Where petitioner-society had filed an appeal before Faceless Appeal Centre regarding disallowance of benefits available under sections 11 and 12 and same was pending, until said appeal…
It’s a no-brainer that businesses and industries have taken a heavy hit from COVID-19 and might not recover quickly.It’s a no-brainer that businesses and industries have taken a heavy hit…
COMPANY LAW : Where applicant filed PIL and writ petition to recall order for amalgamation of respondent company on ground of fraud and collusions in view of fact that on…
The NFRA has prepared a Consultation Paper on Statutory Audit and Auditing Standards for MSMCs explaining the issues involved and providing the data and information required for responding to the…
INCOME TAX : Where remuneration paid to consultant doctors engaged by assessee-hospital varied from month-to-month owing to services rendered and number of patients attended by them and, further, these doctors…
INCOME TAX : SLP dismissed due to delay against High Court ruling that where assessee filed its return declaring loss and claimed refund of entire amount of tax paid at…
The Government has issued notification to exempt Customs Duty on import of COVID-19 vaccine till 31st December, 2021. This notification shall come into force on 1st October, 2021.The Government has…
INCOME TAX : Where a payment was reflected in Form-26AS and was shown to have been made to assessee, it could not be brought to tax if it could not…
The provisions of Income-tax law are drafted in such a fascinating style that any person desirous of learning the law will have to go through the provisions of law in…