Car imported into India remained “new” for customs purposes even if it was registered abroad before export, provided the registration was a legal requirement and the car was unused, therefore, the ...

Subsequently asserted that the twin conditions under Section 263 were absent as the AO had conducted due inquiry. Revenue contended that Section 37(1) disallowed CSR expenses which were not wholly and ...

Demanding of tax which was over three times the tax proposed in the original show cause notice (SCN) was not justifies as the order was passed in complete violation of natural justice and beyond the ...

Since no new material or facts had come to light and the AO had already applied his mind during the original assessment, the reassessment proceedings were invalid in law  accordingly, Section 148 ...

NCLAT Delhi held that amount having not been received from the corporate debtor, there was no applicability of Section 14 of the IBC and moratorium was not applicable with regard to any payment by ...

An analysis of motivational theories adopted by Indian corporates, featuring real-life case studies on how businesses are ...

NCLT Ahmedabad held that application for initiation of Corporate Insolvency Resolution Process [CIRP] filed by Financial ...

Calcutta High Court grants bail to Gopal Rathi, arrested for alleged GST fraud, citing failure to issue prior notice under BNSS and a period of 40 days in ...

SEBI's new mandate requires standardized KPI disclosures in IPO documents to increase transparency and empower retail ...

The Supreme Court directed NCR authorities to immediately create dog shelters and remove all stray dogs from public areas to protect citizens from dog ...

The Supreme Court ruled a convict who has completed a fixed-term life sentence must be released immediately. They are not ...

ITAT Ahmedabad deleted an addition of Rs. 18.51 lakh, ruling that pre-marriage gifts and substantiated contract income were not unexplained cash ...