No sec. 69C additions on basis of info received from sales tax dept. without giving hearing change to assessee
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Case laws – revival of company’s which are strike-off by ROC (Section 248 of Companies Act, 2013)
Snehal Kamdar, , Case law, 0
MCA has taken action and dissolved 100,000 Companies due to non-filing of statutory form with ROC. There are many...
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Project Completion method is an Accepted Mode of Accounting: Delhi HC dismisses Revenue’s appeal against DLF Universal Ltd
Snehal Kamdar, , Case law, 0
The division bench of the Delhi High Court has recently upheld the project completion method as a well-known and...
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Sum received from developer due to hardship caused on redevelopment of flat not a revenue receipt
Snehal Kamdar, , Case law, 0
The issue before the ITAT was as under: Whether compensation received towards hardship caused to assessee on redevelopment of...
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NCLAT reprimands NCLT for undue delay as time being essence under code
Snehal Kamdar, , Case law, 0
NCLAT reprimands NCLT, Allahabad (‘Tribunal/’Adjudicating Authority’) for taking mandatory timeframe scheme prescribed under the Insolvency and Bankruptcy Code, 2016...
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CA not guilty of misusing of service tax collected from client; further inquiry ordered
Snehal Kamdar, , Case law, 0
Facts: a) A CA used to file returns of his client and at the end of every month, he...
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Transaction charges paid to Stock Exchange don’t attract sec. 194J TDS
Snehal Kamdar, , Case law, 0
Facts: a) The assessee debited certain amount on account of transaction charges paid to the Stock Exchange. The Assessing...
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A writ in gujarat high Court challenging IBC
Snehal Kamdar, , Articles, Case law, 0
The Gujarat High Court has passed an interim order prohibiting the NCLT Ahmedabad Bench from passing any adverse order...
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Any dishonest act of CA isn’t a professional misconduct if it is done in Individual capacity
Snehal Kamdar, , Case law, 0
Chartered Accountant Act, 1949: Where a CA sold his shares but continued to receive dividends declared by the Company...