Supreme Court has clarified that main purpose for claiming depreciation is to allow for asset’s reduction in value over time period but it does not oblige assessee for claim it if it result in higher ...

Gauhati High Court held that interest under section 244A of the Income Tax Act is payable in cases where department has ...

Madras High Court held that recovery action against the Directors of the company under the provisions of the Tamil Nadu ...

The Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee issued Order No. IBBI/DC/252/2024 on November 22, ...

The International Financial Services Centres Authority (IFSCA) has issued a circular modifying its 2022 Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and Know Your Customer (KYC) ...

Accountant of firm failed to inform about notices that preceded impugned order confirming demand, an opportunity to ventilate its grievance before respondents was to be granted to assessee The case of ...

Gujarat High Court held that recovery on the basis of such summary of the order, in absence of any detailed order, passed ...

Madras High Court held that since the petitioner has already deposited 75% of the disputed tax, petitioner may be grated one ...

Ministry Directs EPFO to Ensure UAN Activation for Employees through Aadhaar-based OTP UAN Activation through Aadhar-based OTP to help Employers and Employees receive benefits under Central Government ...

Employees whose UAN is activated and have their Aadhar seeded with the bank account are entitled to receive benefit under the ‘Direct Benefit Transfer scheme’ (“ DBT” ). Benefits under the ELI scheme ...

Ram Krishna Gupta (“the Petitioner”) has filed a writ petition against order dated February 02, 2023 (“the Impugned Order”) ...

Punjab and Haryana High Court held that confirming demand and initiating liability under section 74 (5) of the CGST Act ...