Jurisdiction under Section 153A: The Tribunal emphasized that in cases of search or requisition, the AO assumes jurisdiction for block assessment under Section 153A of the Act. Abatement of Pending ...

The recent legal battle between PCIT-2 and Tata Steel Ltd before the Bombay High Court revolved around the treatment of Tata Steel’s substantial contribution to the Compensatory Afforestation Fund ...

Therefore, MahaRERA has prepared a draft declaration on Quality Assurance to be given by the Site Supervisor/Site Engineer, duly certified and submitted by the Promoter, on yearly basis. The proposed ...

In the case of EPCOS India Limited versus the Commissioner of Central Excise, the issue revolves around the applicability of Basic Customs Duty on imported Zinc Oxide used in the manufacture of ...

In a recent groundbreaking judgment, the Kerala High Court addressed the issue of modifying child custody orders, prioritizing the welfare of the child over parental rights. This article delves into ...

The appellant, a public sector company operating under the Ministry of Defence and owned by the Government of India, contested the imposition of an extended period of limitation in a Show Cause Notice ...

Legal Proceedings: Dhal’s legal battle began with an anticipatory bail application, which was rejected by the court. Subsequently, his Special Leave Petition (SLP) to the Supreme Court met a similar ...

The GST is an internal consumption-based sales tax levied on goods and services. It accrues in the final price which ...

The history of the Goods and Services Tax in India has been a prolonged journey from the drawing board to discussions, arguments, and eventually implementation. The GST was first proposed by the Atal ...

Understating or concealing taxable income in order to evade paying taxes is known as tax evasion, and it poses a serious threat to governments across the globe. It upsets economic stability, undercuts ...

The case of Al Jamia Mohammediyah Education Society vs. CIT before the Bombay High Court revolves around the condonation of delay in filing Form 10B by a charitable trust. Despite the trust’s ...

2. Regulatory Framework: The RBI underscores various regulations under the Foreign Exchange Management Act (FEMA), 1999, and related directives. It prohibits dealing in forex without authorization, ...