ROC Ahmedabad levied penalties on a company and its Managing Director for delayed compliance with Section 149(4) and Section ...

The MCA held the company and Managing Director liable for delayed appointment of a Company Secretary. The ruling reinforces ...

In December 2025, India witnessed one of the most chaotic aviation disruptions in recent memory when IndiGo—India’s largest ...

Non-compliance with audit trail requirements led to penalties on both the company and its Managing Director. This ruling ...

Exceeding ₹2.5 lakh B2B output tax liability under Rule 14A risks GST registration cancellation and ITC disruption. Learn how to transition to normal registration ...

Tribunal upheld 153C jurisdiction based on seized documents and statements, but rejected the AO’s full bogus-purchase addition, sustaining only a 10% profit estimation after book rejection under ...

Explains that revenue records alone don’t qualify land as agricultural; actual use determines tax treatment. Key takeaway: Land used commercially may attract capital gains tax despite agricultural ...

The Tribunal ruled that offshore supply receipts could not be taxed as the Revenue failed to establish any Permanent Establishment. It confirms that FOB-based offshore execution shields non-residents ...

A complete overview of the statutory process for raising capital through a rights issue, including offer preparation, allotment, filings, and ...

Explains what triggers arrest under GST, how bail works for bailable and non-bailable offences, and the practical steps businesses must take to protect ...

ITAT Pune held that rejection of application for registration under section 12A read with section 12AB of the Income Tax Act ...

CIT(A)’s order upheld; assessee acted as a middleman, and no evidence supported AO’s mechanical addition. Only Rs.15.42 lakh ...