The changing market dynamics, from crashing stock markets to restaurants, airlines and…
Offer of unsecured fully Convertible debentures couldn’t be considered as private placement SAT
Where offer of unsecured Fully Convertible Debentures (FCDs) was made only to…
Bail rejected as assessee had shown bogus bills & wrongly claimed relief of more than Rs. 80 crore
Where assessee for offence punishable under section 132 was in custody and…
GST on Mobilization Advance
Normally, mobilisation advance payment is made to a contractor for initial expenditure…
HC quashed confiscation order as it was issued without giving any opportunity of being heard to the assessee
Where Competent Authority had detained goods of assessee under transport and passed…
Changes in Foreign Trade Policy w.e.f. 1-4-2020
The Foreign Trade Policy – FTP 2015-20 was expiring on 31-3-2020. However,…
Double Taxation of Employer’s Contribution in NPS (National Pension Scheme) by the Finance Act, 2020
Contribution in NPS (National Pension Scheme) account of the employee is includible…
Gujarat HC quashes reassessment as there was no failure on part of assessee to disclose material facts
Where Assessing Officer completed assessment of assessee under section 143(3) and later…
Analysis of tax issues arising in Joint Development of Property
Joint development is a popular method of development of property. Here, an owner of…
Subsidy received for repayment of term loans undertakenfor setting up new unit was non-taxable capital receipt
Where assessee received subsidy for repayment of term loans for technology up…