The Competition Commission of India (CCI) has dismissed a complaint filed by Airen Metals Private Limited (AMPL) and Airen ...

Subject: Mandatory Submission of Closure Report on expiry of FSSAI License/ Registration-reg.

Section 143 (2) of the Income Tax Act, 1961. The notice for limited scrutiny specifically identified four areas for examination: receipt of large foreign remittances, mismatch in payments to related ...

Delhi High Court held that it is no longer open for the department to proceed with the adjudication of show cause notice which had not been adjudicated for almost fourteen years. Thus, letter ...

As a result, the Registrar concluded that both the company and its directors were liable for penalties under Section 172 of ...

Prior to GST coming into play w.e.f. 1 st July, 2017, there was a levy of service tax on services provided by service providers to service recipients and what is service was defined in Section 65B (44 ...

Gold has always been more than just a shiny asset in India it’s a cultural symbol, a family heirloom, and a popular investment choice. But when you sell gold whether as jewellery, bars, coins, or even ...

Yet AI systems such as Anthropic’s Claude 4 are already able to interpret contracts, generate boilerplate codebases, and perform data analysis in seconds. Once businesses realize they can replace a ...

ITAT Mumbai held that as per section 70 (2) the short-term capital loss can be set off against gain from any other capital asset. Thus, set off of short-term capital loss (on which STT was paid) ...

ITAT Mumbai held that since donations collected were parked in savings bank account of assessee and funds were used for personal purpose hence donation collected are taxable u/s. 56 (2) (x) of the ...

Delhi High Court held that GST SCN uploaded on ‘Additional Notices Tab’ was not noticed by the petitioner. Hence, order set aside and matter remanded back to Adjudicating Authority. Further, ...

14. Mr Pardiwalla submitted that there was no independent application of mind by the AO, and this was an instance of the AO acting under dictation. He submitted that the AO incorrectly thought that he ...