Genuine defaults by the Companies and the Landmark Supreme Court judgement in the case of Vidarbha Industries Power Limited
Validity of addition by AO by simply saying that the loan creditor companies are paper companies and the assessee is involved in money laundering
ROC, Bangalore imposes penalty of Rs. 10 lakh on the company for failure to co-opt MD as Additional Director
No investment made after claiming Sec. 54B relief can’t be held as willful tax evasion if facts weren’t suppressed: HC
Expenses incurred to raise floor height of warehouse to prevent water logging during monsoon is revenue exp.: HC
Condonation of delay under Section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10B for Assessment Year 2018-19 and sequent years
Widening the scope of digital signature: Form No.3CEF,101A,68,etc made mandatory for digital signature
Revised return cannot transform original return in to a return U/s 139(3) so as to avail the benefit of carrying forward or set-off of any loss
Proper officer has no jurisdiction to issue SCN on a person whose taxable turnover is less than threshold limit: Delhi HC
Sufficiency of reasons to believe cannot be looked into for considering the validity of the search proceedings:
