In the case of Charu Modi Bhartia Vs DCIT before the ITAT Delhi, the tribunal overturned a penalty levied under Section 271(1 ...

DCIT, the Bombay High Court examined the legality of reopening assessments under Section 148 of the Income Tax Act. Bennett ...

In view of the above, the Hon’ble High Court has held that the impugned order passed by the respondents is in violation of ...

Parmar (Jain), the Bombay High Court addressed an appeal concerning alleged bogus purchases. The Revenue argued that the Income Tax Appellate Tribunal (ITAT) erred in restricting the addition to only ...

This ruling underscores the principle that penalties under Section 271 (1) (b) must be applied judiciously, aligning with the law’s intent to deter non-compliance without undue repetition. The ...

The petitioner contended that the show-cause notice and cancellation orders were cryptic and lacked specific reasons.

We must note that the criminal complaint was filed by the female employee against the appellants for offences under various Sections of the IPC. The Karnataka High Court refused to quash the criminal ...

The process involves several stages with the detailed explanation of the Patent Registration are as follows: ...

OF THE COMPANIES ACT, 2013 read with Rule-6 of the Companies (Audit and Auditors) Rules, 2014 4. All companies having loan or borrowings from financial institutions of rupee 50 crore rupee or more > ...

Interpretation of exemption notifications under Indian tax legislation has always been at the forefront of debates. A tax law’s exemption notification clause exempts certain products, services, or ...

Foreign Businesses can foray into the Indian market without establishing a new and separate legal entity in India by just setting up a Branch Office, Liaison Office, or Project Office as per the ...