Chhattisgarh High Court granted bail as no incriminating has been recovered at the instance of the present applicant in the ...

ITAT Mumbai held that once the source of cash is taxed, it cannot be further taxed as unexplained cash expenditure. Hence, ...

By simplifying cross-border share swaps and allowing for more flexible equity exchanges between Indian and foreign entities, ...

Food safety is a pinnacle subject for consumers these days. A valid FSSAI certificate assures customers that your food ...

Amex has built its image as a luxury card issuer whose cards symbolize status. They don’t rely on earning through fines and penalties but rather through high commissions (more on this in some other ...

In a recent ruling Delhi HC remanded the proceedings to the AO to consider the Assessee’s alternate claim for loss arising out of the HTM securities, as loss under the head ‘income from business and ...

ITAT Delhi held that benefit of section 115AAB of the Income Tax Act availed in the preceding year cannot be denied in subsequent year on the reason of non-filing of prescribed Form 10IC. Accordingly, ...

The Supreme Court held that Section 17 (5) (d) should be interpreted in alignment with the GST law’s purpose of avoiding the cascading effect of taxes. It was held that the section was intended to ...

2. That, the notice under Section 263 and impugned order under Section 263 of the Act are issued/passed in the name of dead person and as such the notice issued and order passed under Section 263 of ...

15. The Noticee shall pay the amount of penalty by way of e-payment [available on Ministry website www.mca.gov.in] under “Pay ...

Kerala High Court held that provisional attachment of properties purchased before commission of offence under section 5 (1) of Prevention of Money-Laundering Act, 2002 [PML Act] is ex-facie null and ...

ITAT Ahmedabad held that since the assessee, being an agriculturist was not well versed with tax proceedings, was unable to file required documents against addition on account of unexplained cash ...