Offense committed by the firm is also an offense committed by the partners
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Offense committed by the firm is also an offense committed by the partners An important judgement has been rendered in…
Partners liability
Recent Posts
- No separate bank account for private placement of funds – ROC imposed penalty of Rs. 30 Lakh.
- “Words May Deny, Actions Condone” – Hyderabad ITAT Remands Rental Income Addition for Reassessment
- Re-opening o on “borrowed satisfaction” without fresh material or a live link to the taxpayer’s transactions is nothing but a “fishing inquiry.” – Supreme Court Dismisses Department’s Appeal
- Representation Regarding Delay in Release of ITR Utilities for AY 2025–26 – Request for Timely Accessibility and Compliance Facilitation
- Conversion of Proprietorship to Private Limited Company: Compliance and Conditions
- Ad-hoc disallowances without rejection of books and without pinpointing specific defects are unsustainable: ITAT Delhi
- Failure to regularize the appointment of additional Director – ROC Kanpur imposed a penalty of Rs. 6 Lakh
- Wrong Facts, No Jurisdiction! Patna HC Cancels Reassessment Initiated on False Premise”
- Key Changes in ITR Forms for AY 2025–26
- High Court Slams Arbitrary Cancellation of GST Registration
