Summary: Section 441 of the Companies Act, 2013, deals with the compounding of offences, which allows a company or its officers to avoid prosecution by paying a fine. Offences punishable with fines or ...

Navratri is a time to celebrate the nine nights dedicated to the powerful forms of Goddess Durga. It is also the perfect time to instill discipline and embrace the power of compliance in your business ...

An annulled assessment is void, with no scope for revival, whereas, a set-aside assessment, can be revived if specific directions are provided. In cases where no such directions are given, the ...

Madras High Court held that issuance of two different orders for same Assessment Year is passed without application of mind ...

Delhi High Court held that formation of opinion on the basis of material is necessary for exercising power of provisional attachment under section 83 (1) of the CGST Act. Provisional attachment ...

Calcutta High Court directed respondent to file affidavit to decide validity of the instruction no. CBIC-240137/14/2022- Service Tax dated 28.10.2022 with respect to pre-deposit payment mode.

CESTAT Bangalore held that differential duty demand u/s. 28 (4) of the Customs Act sustainable as investigation clearly established that product ‘Brush Cutter’ mis-declared and cleared as ‘Power ...

ITAT Chennai held that cash received under unregistered will accepted as will furnished by the assessee not established as fabricated one by the department and there is no requirement in law to get ...

Delhi High Court held that fee in respect of credit card being issued by foreign branches would not be taxable in India since ...

ITAT Bangalore held that granting an opportunity to cross examine essential when addition is made on the basis of 3 rd party ...

ITAT Bangalore deleted addition made under section 69A of the Income Tax Act towards unexplained money after examining the ...

With capital controls in place and a desire to boost confidence in its currency, China has been aggressively buying gold, ...