Tax Guru9h
Mere change of opinion on the part of AO is not a valid ground for reassessment
2. Whether on the facts and in the circumstances of the case and in law, the Ld. CIT (Appeal) was right in ignoring the fact ...
Tax Guru9h
No Section 40(a)(ia) disallowance for delayed Form 15G & 15H submission
“1. Whether on the facts and circumstances of the disallowance made by the Assessing Officer and endorsed by the CIT (A) for ...
Tax Guru12h
Non-Signature of Financial Statements by Directors in AOC-4: MCA imposes Penalty
The adjudicating officer concluded that the company and its directors had violated the provisions of Section 134 (1), ...
Tax Guru12h
Draft Principles to Mitigate Risk of Greenwashing in ESG Debt Securities In IFSC
International Financial Services Centres Authority (IFSCA) has released a consultation paper outlining principles to mitigate ...
Tax Guru12h
MCA Penalty for Late Submission of Security Allottees in Form PAS-3
A return of allotment of securities under section 42 shall be filed with the Registrar within fifteen days of allotment in ...
Tax Guru12h
Failure to include DIN in financial statements attached to Form AOC-4: MCA imposes Penalty
It is noticed that the director’s DIN was not mentioned in the signed financial statements attached with Form AOC-4 for the ...
Tax Guru12h
Failure to disclose occupation of allottees in Form PAS-3: MCA imposes Penalty
(1) Whenever a company having a share capital makes any allotment of its securities, the company shall, within thirty days ...
Tax Guru12h
Failure to file Form MGT-14 for board resolutions: MCA imposes Penalty
Failure to file Form MGT-14 for board resolutions approving financial statements: MCA imposes Penalty ...
Tax Guru9h
Nagpur ITAT Judgments on penalties, reassessment, TDS disallowance & gratuity exemptions
The Assessee challenged the penalty Imposed by National Faceless Appellate Centre U/S. 271B of the I.T Act for the A.Y ...
Tax Guru5h
Delay in Producing Accused Before Magistrate Violates Article 22(2): Telangana HC
Producing An Accused Before Magistrate Beyond 24 Hrs Without Obtaining Any Transit Warrant Is Violative Of Article 22 (2) Of Constitution: Telangana HC ...
Tax Guru6h
ITAT Imposes ₹1000 Fine for Non-Appearance in Income Tax Case
In the case of Mohammed Kaleem vs. ITO, the Income Tax Appellate Tribunal (ITAT) Bangalore imposed a ₹1000 fine on the taxpayer for failing to appear during the assessment proceedings and the ...
Tax Guru5h
ITAT Bangalore Allows 69-Day Delay in Appeal Filing Due to COVID
ITO, the ITAT Bangalore addressed a 69-day delay in the filing of an appeal for the assessment year 2010-11. The delay was initially deemed unjustifiable by the CIT(A), leading to the dismissal of the ...