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 ...

NCLT Mumbai held that the Advance received by the Corporate Debtor against future supply of goods is an Operational Debt.

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

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

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 ...

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 ...

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

Madras High Court held that accumulated Input Tax Credit available under previous regime which the petitioner was unable to utilise. Thus, tax liability discharged in cash during relevant period is ...

Summary: The Indian government has introduced amendments to Section 143(1) of the Income Tax Act, 1961, as part of its efforts to combat tax evasion and fraud. Section 143(1) governs the processing of ...