In the case of private discretionary trusts taxed at maximum marginal rate, the computation of surcharge must be based on slab-wise surcharge structure prescribed in the Finance Act under Paragraph A ... Read more..

Where assessee-trust was established after 1-4-2021 and its objects were only for the benefit of particular society, CIT(E) rightly denied the registration under section 12AB. ... Read more..

Where assessee challenged assessment order by way of writ petition on the ground of breach of principles of natural justice due to non-consideration of adjournment request by AO, assessee was directed ... Read more..

Once the provision of section 93 deals with the liability of a legal representative on account of death of the proprietor of the firm, it is sine qua non that the legal representative is issued a show ... Read more..

Where conveyance was being done through different vehicle contrary to the vehicle declared in the E-way bill, in view of the High Court’s decision in the case of Akhilesh Traders, in case goods are no ... Read more..

Since the orders were appealable orders before the Appellate Authority under section 107 of the CGST Act, the assessee was directed to avail of its Appellate remedies in respect of the orders. ... Read more..

NFRA is envisaged to discharge its functions and duties through various independent and separate divisions, but body which oversees audits in question is the same, which came to the conclusion that th ... Read more..

Where the resolution plan being approved by the CoC with requisite majority is pending for approval before the adjudicating authority who is bound by such resolution. Besides, the they have right to r ... Read more..

Application under section 7 for initiating CIRP against the corporate debtor is not liable to be rejected where the debt and its default by virtue of corporate debtor is being acknowledged by evidence ... Read more..