Bombay High Court quashes IT notice stating no material available to conclude income escaped assessment Prohibits the revenue department from taking any further stepsThe Bombay High Court has...
Reviving assessment based on subsequent provisions not sustainable: Bombay High Court rules in favour of Maharashtra State Power Generation The AO disallowed the CSR expenditure for 2013-2014,...
Income Tax Act Unaffected by Violation of Companies Act Section 185: ITAT (Mumbai) The Mumbai bench of the Income Tax Appellate Tribunal has recently determined that the breach of Section 185 of...
Parinam Law Associates elevates Monisha Mane Bhangale to partnership The firm has also made two new principal and three new senior associates Parinam Law Associates has promoted Monisha Mane...
Madras High Court: Duty of Arbitral Tribunal to Allow Parties to Comment when it Deviates from Agreed Procedure in Evaluating Case The Madras High Court was adjudicating four appeals filed in the...
ITAT states when given proof, CIT(A) cannot disallow business loss claim Quashes the orders of the revenue department on the basis that it ignored the evidence submitted by the assessee The...
Notice under IT Act against a struck-off company valid after NCLT's restoring order: Delhi High Court Dismissing the petition, the bench imposed a cost of Rs.50,000 on the petitioner The Delhi...
SEBI notifies new Obligations and Disclosure Requirements Regulations The market regulator has introduced a slew of fresh guidelines The Securities and Exchange Board of India (SEBI) has...
Corporate Affairs ministry fines Elanco India for non-appointment of secretary Orders directors of the company to pay Rs.11 lakhs The Ministry of Corporate Affairs (MCA) has imposed a penalty of...
NCLAT dismisses appeals filed by the Murugappa Group against NCLT Following the death of the executive chairman of the company, his wife and two daughters had sought the tribunal's intervention ...
NCLAT refers refiling of appeal under IBC and Companies Act to a larger bench Maintains that earlier judgments needed reconsideration The National Company Law Appellate Tribunal (NCLAT) has...
Directors incurring loss while trading in shares cannot be attributed to the company The tribunal dismissed the appeal of the assessee, ruling that the AO erred in his assessment order The...
