Chennai ROC Imposes ₹10,000 Penalty on Company and Officers
Chennai ROC Imposes ₹10,000 Penalty on Company and Officers The Registrar of Companies, Chennai, has taken a significant step in upholding corporate governance and compliance….
TAXATION UPDATES
Company Fined for Not Filing Board Resolution
A recent adjudication order highlights the critical importance of timely statutory filings for companies, especially concerning board resolutions that approve financial…
HC: No Additions Solely on Confession
The Madras High Court has delivered a significant ruling emphasizing the necessity of corroborative evidence in tax assessments, reinforcing that confessions alone are…
Self-Generated Trademarks Pre-2002 Not Capital Gains Tax
A recent Gujarat High Court ruling clarifies the tax treatment of self-generated trademarks transferred before a specific amendment. Self-Generated Trademarks Pre-2002 Not…
Tax Tribunal Directs Re-examination of Transfer Pricing
Tax Tribunal Delivers Key Rulings on Transfer Pricing and Corporate Tax The Income Tax Appellate Tribunal (ITAT) has delivered a significant verdict in a transfer pricing and…
PVC Fabric Classification Ruling Upheld
CESTAT Upholds Appeal in PVC Fabric Classification Dispute The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Delhi has allowed an appeal filed by M/s Shyam Rexin…
High Court Decision on Bogus Purchase Case Leads to Remand
High Court Decision on Bogus Purchase Case Leads to Remand The Income Tax Appellate Tribunal in Raipur has set aside the order of the CIT(A) and remanded the matter back for…
TDS on Full Property Value Mandatory, ITAT Rules
TDS on Full Property Value Mandatory, ITAT Rules The Income Tax Appellate Tribunal (ITAT) has ruled that tax deducted at source (TDS) is mandatory on the full value of property…
HP HC Orders Fresh Review of ITC Claim, Reasoned Order to
Key Takeaways from HP HC Order on ITC Claim Review Recent developments in the Himachal Pradesh High Court have significant implications for businesses navigating the…
Jharkhand HC Orders Surrender in GST Impersonation Case
Jharkhand High Court Orders Surrender in GST Impersonation Case The recent verdict by the Jharkhand High Court in the case of Akash Sinha Vs State of Jharkhand sheds light on…