Judgment relevant for Many Taxpayers: No addition can be done,merely on the basis of entry in Form No. 26AS, without due examination.
Landmark Judgment: Till assessment order is served, it is to be considered as “pending” for approaching settlement commission
Initiation of Corporate Insolvency Resolution Professional as per Insolvency and Bankruptcy Code 2016.
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
