Holds that once a tax dispute is settled under the Vivad Se Vishwas Act, Section 263 revision cannot be invoked. Confirms that VSV grants finality and bars reopening of settled ...
ITAT holds that ignoring a valid online reply and supporting records vitiates reassessment; AO must first verify whether deposits were already in books before taxing. Key takeaway: non-consideration ...
Tribunal holds that the CBDT circular exempting commercial transactions was wrongly ignored; AO must re-verify if the shareholder loan was a genuine business accommodation before taxing under Section ...
ITAT ruled that organising Kathas or Yagnas for charitable fundraising does not constitute a religious object under Section 80G. The trust’s dominant objects were charitable, and expenditure on ...
RBI’s 2025 Directions overhaul how banks set, benchmark, and reset interest rates on advances. The framework mandates transparent pricing, external benchmarks for key loan categories, and uniform ...
The ROC penalised a company for issuing bonus shares without completing mandatory dematerialisation. The order highlights strict enforcement of Section 29 and Rule 9A compliance ...
A company and its directors were penalized under Section 90(11) of the Companies Act for failing to issue notices to Significant Beneficial Owners, emphasizing regulatory ...
Jayurance Healthcare and its officers were penalized under Section 12(8) of the Companies Act for non-compliance, emphasizing ...
ROC Chennai imposed penalties after a company failed to disclose PAN of allottees in a private placement return. The ruling ...
Naturedge Beverages was penalized for failing to report three board meetings in the Annual Return, highlighting the need for accurate statutory ...
The Court held that Section 148 notices dated 31 March 2021 but issued after that date could not be treated as issued within the old limitation period. The ruling applies the amended reassessment ...
The ROC penalised the company and officers for failing to dematerialise securities before issuing bonus shares, as required ...