Union of India (2023) case clarifies the automatic disqualification of directors under Section 164(2) of the Companies Act, 2013, due to non-filing of financial statements or annual returns for three ...

The Tribunal noted that although the assessee was not present during the hearing, it proceeded to decide the matter based on ...

NCLT Chandigarh held that since resolution plan in respect of Nav Jyoti Agro Foods Private Limited meets requirement of ...

ITAT Mumbai held that as per circular no. 6 of 2016 dated 29 th February 2016, it is clear that it is the assessee who ...

NCLT Mumbai held that the Advance received by the Corporate Debtor against future supply of goods is an Operational Debt.

The assessee argued that this lack of clarity in the penalty initiation stage rendered the entire proceedings invalid.

In a notable ruling, the ITAT Kolkata allowed assesse’s appeal holding that the assessment order passed u/s 144C (13) r.w.s.

It’s not easy, though. Rich countries like the U.S. want flexibility; poorer ones want protection. Companies fight ...

As a result, IRDAI has warned the TPA and directed them to refrain from closing claims or issuing denial communications ...

An arrangement was allegedly made where the OC would supply the fibre, and the CD would convert it into yarn through Shree ...

During the ITAT hearing, the trust’s counsel acknowledged the lack of comprehensive documentation and expressed a willingness ...

Madras High Court held that accumulated Input Tax Credit available under previous regime which the petitioner was unable to utilise. Thus, tax liability discharged in cash during relevant period is ...