ITAT Bangalore held the imposition of penalty under section 270A of the Income Tax Act is not sustainable since charge of ...

Patna High Court granted bail to petitioner accused in GST evasion case since arrest was made on the basis of suspicion and ...

SEBI has extended the automated trading window closure mechanism to the immediate relatives of designated persons in listed ...

In the case of Kalmar India Private Limited vs Union of India & Others, the Bombay High Court addressed a prolonged delay in the implementation of an income tax refund order dated March 4, 2021. The ...

Jammu Kashmir High Court held that contractor is liable to pay GST at rates prevailing on last date for receipt of tender.

ITAT Ahmedabad held that donation to, Shri Arvindo Institute of applied scientific research, which is not recognised research institute is not eligible for deduction under section 35 (1) (ii) of the ...

Conclusion and Outcome: The High Court held that the addition sustained by the ITAT lacked evidentiary basis and was founded on unwarranted suspicion. The assessee had duly discharged the onus placed ...

As we see, the Bench then specifies in para 2 stating that, “Briefly stated, got married to on 28.02.1998 at Vikas Puri, New ...

I still can’t believe that an MP can make such a sweeping remark! In this regard, we must note that a Supreme Court lawyer ...

Kerala High Court held that passing of order and classifying account of petitioner as fraud without following Master Directions on Frauds and without furnishing a copy of the audit report is not ...

Securities Contracts (Regulation) Act, 1956, India Code. SEBI, Securities Contracts (Regulation) Act, 1956 (As amended 2021).

Thus, the time-limit for issuance of SCN in non-fraud or non – suppression cases is 2 years and 9 months from the due date of filing Annual Return for the Financial Year to which the demand pertains ...