Tuesday, October 26, 2021

Non-Availability of PAN of Deductee Is Not on Excuse to Escape from Filing TDS:...

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The Income Tax Appellate Tribunal (ITAT)- Cuttack held that the non-availability of PAN of the deductee is not an excuse to escape from filing...

Services Under Separate Agreements Can’t Be Clubbed Together To Levy Services Tax: CESTAT –...

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The Customs Excise and Service Tax Appellate Tribunal (CESTAT) – New Delhi Bench has held that, services under Separate Agreements cannot be clubbed together...

No TDS on Prize Won in Gift Coupons: ITAT

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The Cochin Bench of Income Tax Appellate Tribunal ( ITAT ) in the case of R.V.V. K. Peringanam v. Income-tax Officer held that where...

NCLT Initiates Insolvency Proceedings Against NCR Based Builder On Homebuyers’ Plea

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The NCLT Delhi has admitted an insolvency petition filed by a group of 'homebuyers' against NCR based builder Today Homes Noida India Ltd. The...

NCLAT Upholds Insolvency Proceedings against Sahara Q Shop

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The National Company Law Appellate Tribunal (NCLAT) upheld the order of NCLT (Mumbai Bench), directing to initiate insolvency resolution process against Sahara group subsidiary...

Administrative Tribunal Orders Reinstatement of Suspended Kerala DGP Jacob Thomas

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The Central Administrative Tribunal in Ernakulam bench has directed the state Government to reinstate former Vigilance Director Jacob Thomas IPS in service with immediate...

Law Doesn’t Prohibit the Purchase of Shares in Cash : ITAT

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The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the law does not prohibit to purchase Shares in cash. Tribunal noted...

NCLAT Approves UltraTech’s Bid for Binani Cement

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The National Company Law Appellate Tribunal ( NCLAT) on Wednesday approved UltraTech’s revised bid of Rs. 7,950 crore for Binani Cement.The NCLAT had dismissed...

If shares were held for more than 12 months then Income must be taxed...

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The Income Tax Appellate Tribunal, Delhi Bench has held that if the shares have been held for a period more than 12 months, then...

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