The issue was misuse of arrest powers against genuine buyers. Courts have held that coercive arrests for supplier defaults ...

The Tribunal upheld deletion of an ad-hoc expense addition where the Assessing Officer failed to point out defects in audited ...

The issue concerns prolonged rectification and recovery pressures. The proposal seeks strict timelines, deemed approvals, and ...

Karnataka High Court held that vocational training qualifies as education under section 2(15) of the Income Tax Act.

ROC Pune imposed penalties for failure to disclose required details in MGT-14 while issuing shares. Relief under Section 446B ...

The ruling clarifies that once a reassessment return is accepted, earlier returns lose relevance for penalty purposes. In the ...

Authorities held that non-attachment of the Board’s Report to annual financial statements violates Section 134. The company ...

The Court ruled that filing GSTR-3B returns and paying tax nullifies best judgment assessment orders under Section 62.

ROC Mumbai held that omission of mandatory details in AOC-4 makes the authorised signatory liable. A ₹10,000 penalty was ...

The tribunal accepted an area-based methodology for computing profiteering in a housing project, rejecting turnover-linked ...

Failure to include mandatory disclosures in MGT-14 during share allotment led to adjudication. Start-up and small company ...

The issue was whether a final assessment could stand when objections were filed before the DRP but not considered by the AO. The Court ruled that such an order violates the scheme of section 144C and ...