The Tribunal noted that although the assessee was not present during the hearing, it proceeded to decide the matter based on ...

NCLT Chandigarh held that since resolution plan in respect of Nav Jyoti Agro Foods Private Limited meets requirement of ...

ITAT Mumbai held that as per circular no. 6 of 2016 dated 29 th February 2016, it is clear that it is the assessee who ...

The assessee argued that this lack of clarity in the penalty initiation stage rendered the entire proceedings invalid.

In a notable ruling, the ITAT Kolkata allowed assesse’s appeal holding that the assessment order passed u/s 144C (13) r.w.s.

It’s not easy, though. Rich countries like the U.S. want flexibility; poorer ones want protection. Companies fight ...

An arrangement was allegedly made where the OC would supply the fibre, and the CD would convert it into yarn through Shree ...

As a result, IRDAI has warned the TPA and directed them to refrain from closing claims or issuing denial communications ...

During the ITAT hearing, the trust’s counsel acknowledged the lack of comprehensive documentation and expressed a willingness ...

Audit fee provisions are not allowable unless they meet the test of accrual & crystallization. Prior period payments can be allowed, but only if reflected clearly in the books. This ruling reinforces ...

Supreme Court held that as there was no privity of contract between the concerned parties therein, no ‘ deficiency ’ would arise and the action (complaint) would not be maintainable before the ...

The Constitution 101st Amendment defined goods and services tax as a “tax on supply of goods or services or both”, per Article 366 (12A). The plain meaning of “supply of goods or services” is supply ...