Power of Settlement Commission to grant immunity from prosecution and penalty according to the provisions of Central Excise Act.
A Company cannot be prosecuted for offences under sections 276C, 277 and 278 as these sections requires imposition of mandatory term of imprisonment coupled with fine and leaves no choice to Court to impose only a fine.
MCA amends rules to provide the related party transaction u/s 188 : It Cannot be entered without prior approval of the company by a resolution
Tax Planning for Salaried Taxpayers : List of all the benefits and allowance eligible for Tax Benefits
Validity of Reassessment if Notice under section 148 is issued by officer not having jurisdiction over assessee
Validity of Reassessment if Notice under section 148 is issued in name of deceased assessee & No name of legal heirs is mentioned
Validity of Reassessment u/s 148 if AO failed to pass any speaking order in disposing of assessees objections
Transfer of the Assets for the Benefit of Spouse / Relatives Etc attracts the provisions of Section 64 (1) (vi)
Transfer of the Capital Assets by the way of distribution of Capital Assets on dissolution of the firm, Capital Gain could not arise as no transfer had taken place.
AO can’t treat a person as principal officer without forming his connection with management & administration of Co.
Bogus Share Capital Case: Photo copies of blank share transfer forms, blank signed receipts etc necessary for transfer of shares found with assessee are not admissible as evidence u/s 61 of Evidence Act and not incriminating in nature:ITAT Delhi
Compulsory Acquisition of the Urban Agricultural Land would be entitled to the benefit enumerated in section 10(37)
True Interpretation of Section 34(3)(a) of the Income Tax Act 1961 regarding making entries in respect of development rebate and development rebate reserve even after the closure of the accounts
Press Release to clarify that no GST is applicable on Staff Payments to CEO and Directors of the company
If annual returns GSTR-9 /9A remains unfiled by taxpayer having turnover below ₹2 Crores, Portal won’t allow filing of annual returns after the due date : Clarified by CBIC
Denial of the Exemption under Section 11 due to the Material Changes made in the Object Clause of the Charitable Trust.
