The petitioner contended that the show-cause notice and cancellation orders were cryptic and lacked specific reasons.

Interpretation of exemption notifications under Indian tax legislation has always been at the forefront of debates. A tax law’s exemption notification clause exempts certain products, services, or ...

For property owners seeking to commercialize their land, Joint Development Agreements (JDA) are one of the most sought out options. These agreements have their ...

We must note that the criminal complaint was filed by the female employee against the appellants for offences under various Sections of the IPC. The Karnataka High Court refused to quash the criminal ...

For those with taxable income, the proper method is to file a condonation of delay request with your Assessing Officer. Once approved, you can file the return. However, officers usually approve such ...

Kerala High Court held that revisionary proceedings by PCIT u/s. 263 rightly exercised since claim of provision for bad and doubtful debts was assumed by assessing officer to be correct without ...

Supreme Court held that the agreement between the oil marketing companies indicates that the price of petroleum products agreed under MoU is not a normal price and, therefore, is not a transaction ...

OF THE COMPANIES ACT, 2013 read with Rule-6 of the Companies (Audit and Auditors) Rules, 2014 4. All companies having loan or borrowings from financial institutions of rupee 50 crore rupee or more > ...

Foreign Businesses can foray into the Indian market without establishing a new and separate legal entity in India by just setting up a Branch Office, Liaison Office, or Project Office as per the ...

The process involves several stages with the detailed explanation of the Patent Registration are as follows: ...

The sumptuary allowance for judges as defined under the Supreme Court and High Court Judges Acts is exempt from being treated as income under the Income Tax Act, 1961. However, for other judicial ...

Arjuna – Hey Krishna, Budget 2025 is around the corner. I am a little worried but at the same time excited too. Krishna – Dear Arjuna, you are excited about the Budget 2025 is good but why are you ...