Your CIBIL score for an education loan influences whether your loan gets approved. Lenders primarily check your credit ...

A practical checklist to spot appeal-worthy issues in minutes. 1. Was the Show Cause Notice (SCN) properly served and ...

It has been noticed that some of the students of the Institute are prefixing ‘CS’ before their name in violation of Section ...

The Bombay High Court, in the case of Shrinivasa Realcon Private Ltd. vs. Deputy Commissioner Anti-Evasion Branch, addressed ...

Bombay High Court, in the case of Nirmal Lifestyle Developers Pvt. Ltd. vs. Union of India & Others, granted interim relief ...

Supreme Court held that in the case under Section 138 of the Negotiable Instruments Act, 1881 [NI Act], complainant is not required to show evidence that he had the financial capacity. Accordingly, ...

Summary: The conversion or takeover of a proprietorship firm by a private limited company involves compliance with multiple legal frameworks, including the Companies Act, Income Tax Act, and GST law.

2. The issue regarding levy of penalty under section 271 (1) (c) of the Act is the addition of Rs. 5,15,899/- as made by the Ld. AO in the assessment order on assumption basis. Hence, the case of the ...

AO had raised specific queries on the legal expenses during the assessment proceedings, and that a detailed explanation was furnished in response. ITAT observed that while the AO’s final order did not ...

At the very outset, this brief, brilliant, bold and balanced judgment authored by the Single Judge Bench comprising of Hon’ble Shri Justice Bibhu Datta Guru of the Chhattisgarh High Court at Bilaspur ...

“1. The learned CIT is not justified in raising penal-ty u/s 270A of Rs.78,892/- on the ground that the assesses has furnish inaccurate par-ticulars of Income without appreciating that the said levy ...

In the case Kamlesh Kantilal Bhandari vs ITO, ITAT Pune considered an appeal challenging the confirmation of an addition of ₹24.25 lakh as unexplained cash deposits made to the assessee’s bank account ...