Posted inBlog
Orissa High Court Rules GST Demand Without ASMT 10 Reply Consideration Invalid
The Orissa High Court quashes a GST demand under Section 73, ruling that issuing notices without reviewing the taxpayer ASMT-10 reply lacks jurisdiction.
Posted inBlog
Supreme Court Rules Section 11 Courts Must Restrict Inquiry to Arbitration Agreement Existence
Supreme Court clarifies that Section 11 referral courts must only examine the existence of an arbitration agreement, leaving fraud and limitation to tribunals.
Posted inBlog
Essential Guide to Public InvIT Listing Readiness and Governance
Prepare for a public InvIT listing by conducting early reviews of your corporate structure, compliance history, and governance arrangements.
Posted inBlog
Essential Requirements for Public InvIT Listing and Market Readiness
Discover the crucial financial, valuation, borrowing, and disclosure standards required for a successful public InvIT listing under regulatory norms.
Posted inBlog
ITAT Bangalore Rules CIT Appeals Cannot Dismiss New Evidence Without Review
Learn how ITAT Bangalore mandated detailed verification of purchase and sales mismatches, ruling against the rejection of fresh evidence without examination.
Posted inBlog
ITAT Mumbai Deletes Rs 3.83 Crore Cash Addition Based on Deleted WhatsApp Messages
ITAT Mumbai rules in favor of Jaya Bachchan, deleting tax additions of Rs 11 lakh and Rs 3.83 crore derived from deleted WhatsApp messages lacking concrete evidence.
Posted inBlog
Bombay High Court Quashes Massive Penalty Over Bicycle Parking in Society
The Bombay High Court invalidated a steep retrospective penalty imposed by a housing society for parking an eleven thousand rupee bicycle in a staircase.
Posted inBlog
ITAT Chennai Remands Quarry Deposits and Property Sale Tax Matters
ITAT Chennai condones a 124-day appeal delay and remands quarry commission deposits and property capital-gain issues for fresh examination.
Posted inBlog
ITAT Chennai Rules Commercial Sales Not Required Once Bio-Pharma Business Is Established
ITAT Chennai deletes a massive Rs 10.70 crore bio-pharma disallowance, clarifying that business setup and commercial operations are distinct stages.
Posted inBlog
ITAT Chennai Deletes Crore Addition Ruling on Power Agent Status
ITAT Chennai deletes Section 69A additions worth crores after accepting the power-agent fund trail and explained sources of cash deposits.