Precautions while purchasing from NRI

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