EXCISE/ST/VAT : Entire order in original when set aside by Tribunal, subordinate authority cannot give limited effect to Tribunal's order restricting it to one demand only and adjust pre-deposit amounts…
INCOME TAX : Where assessee-company had taken premises on rent, employed few employees, purchased certain assets and directors of company had stated in Directors' report that nature of work required…
This article analyses the recent judgement of Punjab amp; Haryana High Court, in the matter of Experion Developers (P.) Ltd. v. State of Haryana (CWP No. 7852 of 2022), on…
There have been multiple cases of scams in companies, capital markets etc. during the last decade and we could cite the following one which was known as Enron of India…
INCOME TAX : Notice issued in SLP filed against High court ruling that where assessee, a power distribution company, incurred expenditure on network of a new transmission or distribution line,…
EXCISE/ST/VAT : On failure by Department to produce documentary evidence to establish date on which Review Authority received Adjudicating Authority's order despite providing several opportunities, Commissioner (Appeals) findings that review…
INCOME TAX : Where assessee sold shares and claimed LTCG as exempt under section 10(38), since assessee had submitted evidences in form of bills, contract notes, demat statement and bank…
The Hon’ble Supreme Court of India, vide Judgment dated May 4, 2022, in Civil Appeal No. 3005/2022 and various other appeals filed before the Hon’ble Court, has granted leave and…
INCOME TAX : Notice issued in SLP filed against High court ruling that where assessee, a power distribution company, incurred expenditure on network of a new transmission or distribution line,…
The MCA has notified the Companies (Share Capital and Debentures) Amendment Rules, 2022 whereby ‘Securities Transfer Form’ i.e. Form SH-4 has been revised to include a declaration from the transferee…