The authority held that non-filing of Form MGT-14 for approval of accounts attracts penalty under section 117(2). Continued ...

The amendments modify shipping tax provisions to fully integrate inland vessels into the tonnage tax regime. Regulatory ...

Failure to file PAS-6 within time attracted penalties under section 450 despite subsequent compliance. Timely half-yearly ...

The adjudicating authority held that filing AOC-4 after prolonged delay attracts penalty despite eventual compliance.

The adjudicating authority held that omission of a registered valuer’s report in PAS-3 filings attracts penalty under section ...

A fresh one-year window allows eligible investors to re-lodge pre-April 2019 physical share transfers and complete ...

The issue was whether cash deposited during demonetisation could be taxed as unexplained money. The Tribunal held that prior withdrawals from the bank sufficiently explained the deposits, warranting ...

The U.S. announced a reduction of tariffs on Indian goods to 18%, indicating a strategic reset in bilateral trade. The move ...

The tribunal refused to admit a fresh legal challenge to reassessment raised for the first time. However, it remanded the revenue-difference addition for fresh adjudication due to natural justice ...

The case addressed whether an authority can reject registration before completion of parallel statutory processes. The Tribunal held that hurried rejection was unjustified and directed de novo ...

Relying on precedents including rulings of the Delhi High Court, the Tribunal held that extrapolation across years is impermissible. The addition was struck down as being based on assumption rather ...

The dispute concerned whether transfer through a release deed amounted to a taxable sale and justified loss claims. The Tribunal remanded the matter, directing verification of books to examine the ...