CBDT Detects TDS scam Of Rs. 3,200 Crore | Launches Prosecution For TDS Deaults
The CBDT has unearthed a TDS scam worth Rs 3,200 crore. The modus operandi of the scam was that 447 companies deducted TDS from its...
CBDT For Stern Action Against Fake CA In Tax Refund Fraud
The CBDT has initiated action against the fake CA and officials of Infosys for fraudulent processing of tax refunds. According to the Times of India,...
CBDT Notification: Centralized Communication Scheme, 2018
The CBDT has issued a Notification dated 22nd February, 2018 to notify the Centralized Communication Scheme 2018. The Centralized Communication Scheme 2018 provides for the...
Per Incuriam: Supreme Court Explains Entire Law
In the latest judgement of the Supreme Court reported as <strong>INDORE DEVELOPMENT AUTHORITY vs. SHAILENDRA CIVIL APPEAL No.20982 OF 2017</strong>, the entire law on the...
Service Of Notice U/s 143(2) For Making Assessment
Section 143(2) of the Income-tax Act was interpreted in the latest judgement of the Supreme Court in INCOME TAX OFFICER, ETAWAH VERSUS DHARAM NARAIN CIVIL...
Discounts and Rebates not part of ‘Sale Price’ | Refund of tax paid on excess amount
The Supreme Court’s latest judgement in Universal Cylinders Limited vs. Commercial Taxes Officer interpreted Section 2(39) of the Rajasthan Sales Tax Act, 1994, which defines...
S. 143(1)(a) Adjustment For Section 36(1)(viii) bad debts disallowance
The latest Bombay High Court judgement considers whether an adjustment u/s 143(1)(a) of the Income-tax Act, 1961, relating to disallowance of the claim for bad...
Law On Oppression Or Mismanagement U/s 397, 398 Companies Act
The latest Bombay High Court judgement in Abdul Wahid Abdul Gaffor Khatri vs. Safe Heights Developers Pvt. Ltd COMPANY APPEAL NO.22 OF 2013 explains the...
Divorce By Mutual Consent: Supreme Court Grants Custody Of Child
By this judgement, the Supreme Court held that the marriage between Sudarsana Rao Gadde and Karuna Gadde is dissolved by a decree of divorce by...
Latest Judgement On Public Premises (Eviction of Unauthorised Occupants) Act, 1971 By Supreme Court
The Supreme Court judgement considers the seminal question whether the order passed by the City Civil Court in exercise of power under Section 9 of...