Subject: Mandatory Submission of Closure Report on expiry of FSSAI License/ Registration-reg.

Despite challenges, MAT has stood the test of time — adapting to reforms, responding to investor concerns, and plugging loopholes. It’s now a key pillar of India’s corporate tax framework, ensuring ...

As a result, the Registrar concluded that both the company and its directors were liable for penalties under Section 172 of ...

Kerala High Court has quashed demands for late fees levied under of the Income Tax Act, 1961, for the period between 2012-13 and 2014-15, ruling that the provision for levying such fees through ...

The ITAT, in its decision, acknowledged the additional ground, citing the Supreme Court’s ruling in National Thermal Power Co. Limited -vs.- CIT (229 ITR 383 SC), which permits the agitation of new ...

Calcutta High Court has dismissed an appeal filed by the revenue, challenging an order from the Income Tax Appellate Tribunal (ITAT) concerning an assessment for the financial year 2012-13. The case, ...

This appeal by the revenue filed under Section 260A of the Income Tax Act, 1961 (the Act) is directed against the order dated 10 th November, 2022, passed by the Income Tax Appellate Tribunal, ‘A’ ...

Calcutta High Court has dismissed an appeal filed by the revenue challenging an order from the Income Tax Appellate Tribunal (ITAT) which deleted an addition of Rs. 10,60,50,000/- made under Section ...

Applying the same principle, the Rajasthan High Court concluded that the present writ was not maintainable. It reiterated that writ jurisdiction cannot substitute for a statutory appeal, especially ...

Section 143 (2) of the Income Tax Act, 1961. The notice for limited scrutiny specifically identified four areas for examination: receipt of large foreign remittances, mismatch in payments to related ...

Yet AI systems such as Anthropic’s Claude 4 are already able to interpret contracts, generate boilerplate codebases, and perform data analysis in seconds. Once businesses realize they can replace a ...

Delhi High Court held that it is no longer open for the department to proceed with the adjudication of show cause notice which had not been adjudicated for almost fourteen years. Thus, letter ...