Striking off of irrelevant limb is a mandatory condition or requirement to be followed by AO, while issuing penalty notice under section 274 read with section 271(1)(c) and failure to do so would viti ... Read more..

In view of decision of Division Bench of High Court in the case of Girdhar Gopal Dalmia v. Union of India & Ors., in MAT/1690/2023 on 25-9-2023, notice issued under section 148 was stayed and Revenue ... Read more..

Where expenditure claimed by assessee was disallowed on estimation basis, penalty levied under section 271(1)(c) on the basis of such estimated disallowance, would not be sustainable. ... Read more..

Where Revenue authorities neither served any show cause notice nor any demand order upon assessee and merely summary of order was uploaded on the GST portal in Form GST DRC-07, which did not contain a ... Read more..

Where assessee filed writ petition seeking declaration that an Input Service Distributor is entitled to transition the credit from past indirect tax regime to the GST regime under section 140 of the C ... Read more..

Where Proper Officer passed order under section 73/74 of the CGST Act much after the date mentioned in Notification, dt. 2-11-2023, i.e. 31-03-2023, benefit of the said Notification could not be exten ... Read more..

Legal heirs of promoter filed a petition to nullify transfer of shares, but the promoter never took any action for transfer of shares in his favour till he was alive, therefore, the legal heirs had no ... Read more..

Company had significant assets and it was inclined to shift its business from iron ore to crushing stone, therefore, it would be appropriate to restore name of the company, which was in the benefit to ... Read more..

CLB rejected oppression and mismanagement petition on the ground that it lacked jurisdiction to adjudicate issue of forgery of documents, but it had requisite jurisdiction to adjudicate allegations of ... Read more..