Disallowance under section 14A could not exceed the exempt income earned by assessee during the year. ... Read more..

Where matter was already pending before CIT (A), he was directed to decide the appeal within a period of three months, without insisting on recovery of demand. ... Read more..

Assessee is entitled for benefit provided under section 11, if Form 10 is filed before completion of assessment. ... Read more..

Where assessee submitted reply to the show cause notice, but the same could not be uploaded due to an error in his office, an opportunity should have been given to him to upload the supporting documen ... Read more..

Cancellation of registration with retrospective effect without any cogent reason is contrary to provisions of section 29(2) of the CGST Act, 2017. ... Read more..

Where demand-cum-show cause notice was issued to the assessee on the strength of Notification No. 9/2023-CT, dt. 31-03-2023, by which, the time limit provided under section 73(10) of the CGST Act for ... Read more..

Company advanced an inter corporate loan to its subsidiary company in violation of sections 185, therefore, the company and its managing director was liable for the offence, NCLT rightly levied compou ... Read more..

Complainant filed complaint against agent of several broadcasters that it had charged higher carriage fee as compared to other media companies, which was in violation of section 4, but there were seve ... Read more..

Lender failed to file any evidence, which proved his financial capacity or issuance of cheques for discharge of loan liability, the lender was unable to discharge statutory burden cast upon, therefore ... Read more..