2. Section 194T uses the term “ Partner ” and does not specify the same as working or non-working. Thus the distinction ...

NCLT Mumbai held that application u/s. 9 of the Insolvency and Bankruptcy Code [IBC] after three years of MSME Council Awards ...

Introduction The Government of India’s PLI Scheme for Electronic Components is a powerful initiative to boost domestic ...

AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume transactions in the assessee’s savings account. Major concern was an ...

The claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions over ₹2,000 are completely false, misleading, and without any basis. Currently, there is no such ...

In a recent decision dated April 9, 2025, the Delhi High Court dismissed a petition filed by Sunil Gulati challenging a penalty order imposed by the CGST Department. The Court directed Gulati to ...

Financer not liable for penalty for undervaluation of imports unless involvement proved in commission of offence: CESTAT Kolkata ...

Conclusion- Circular No. 19 of 2017 dated 12/06/2017 issued by the Central Board of Direct Taxes provides that the trade advances, which are in the nature of commercial transactions, would not fall ...

It states that, “ The issuer shall ensure that all transactions in securities by the promoter and promoter group between the date of filing of the draft offer document or offer document, as the case ...

Madras High Court dismissed the writ appeals and held that rejection of rebate claim by taking stand that cenvat credit has lapsed in view of rule 11 (3) (i) of the Cenvat Credit Rules, 2004 [CCR 2004 ...

This appeal of the assessee for the Assessment Year (hereinafter, the ‘AY’) 2014-15 is directed against the order dated 30.04.2019of the Commissioner of Income Tax (Appeals)-2, New Delhi [hereinafter, ...

1. Whether on the facts and in the circumstances of the case and in law, the CIT (A) has erred in deleting the addition of Rs. 2,65, 0 0,000/- made u/s 69A of the Act in the order passed u/s 147 r.w.s ...