The High Court held that delay caused by illness of a partner should have been condoned where the fact was not disputed. The appellate authority’s dismissal of the GST appeal on limitation alone was ...

The High Court held that further recovery should be halted where a rectification application against a GST order is pending and substantial tax has already been recovered. The adjudicating authority ...

The High Court held that the appellate authority failed to consider material documents placed on record while rejecting a GST appeal. The matter was remanded for fresh decision after proper evaluation ...

Opportunity Given to Fix Returns: Analytics spotted questionable donation deductions and other exemptions. Taxpayers can revise returns to regularize claims and reduce follow-up ...

A tax audit official was arrested while accepting ₹5 lakh as part of an alleged bribe to reduce a proposed tax demand. The case highlights strict action against corruption in tax ...

The regulator relaxed KMP eligibility, expanded experience criteria, and allowed flexible PPM extensions. The move aims to ...

Corporate law allows recovery of dividends and shares transferred to IEPF after seven years. Ownership rights remain intact ...

Courts held that enforcement must respect statutory boundaries, curbing aggressive classification and extended limitation without evidence of ...

The analysis highlights that valuation is the foundation of restructuring, shaping fairness, regulatory approval, and long-term value rather than merely supporting a swap ...

The guide explains that stock audits assess the quality, ownership, and value of bank security, with Drawing Power as the key ...

NCLAT Chennai held that recall application under rule 11 of the NCLT Rules cannot be utilised as a camouflage to seek review of an order which has been passed on merits. Thus, company appeal lacks ...

The Tribunal ruled that once income has suffered tax in the hands of the real recipient, TDS credit cannot be withheld on technical ...