Manu Sharma
Manu Sharma is a tax-law enthusiast who is also a Physics Graduate deeply passionate about gaming, puzzles, technology and movies. With an eye for detail and knack for legal research, Manu plays a crucial role in curating and editing content to ensure accuracy, clarity, and relevance.
IT Dept issues Summons to NRIs for Foreign Assets, Residency Status Proof
The Income Tax Department of India has recently escalated its scrutiny of Non-Resident Indians (NRIs) by issuing summons requiring them to disclose...
![Tax Amount already Deposited: Jharkhand HC quashes Criminal Proceedings against Bizman [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Jharkhand-High-Court-criminal-proceedings-Criminal-Proceedings-against-Bizman-Mahindra-franchisee-tax-case-taxscan.jpg "Tax Amount already Deposited: Jharkhand HC quashes Criminal Proceedings against Bizman [Read Order]")
[BREAKING] No Quashing of NI Act S.138 Cheque Bounce Case by HC u/s 482 CrPC without Consent of Complainant: Supreme Court [Read Judgement]
The Supreme Court recently held that High Court is bereft of the power to quash a case under Section 138 of the Negotiable Instruments Act, using the powers inherent to it under Section 482 of the...
Rs. 50 Lakh DGFT Penalty and Document Submission Failure attributable to DRI: Delhi HC allows Petitioner Extension of Time [Read Order]
In a significant development, the Delhi High Court has intervened in a case involving the Directorate General of Foreign Trade ( DGFT ), quashing a hefty penalty of Rs. 50,00,000 imposed under the...
No Disallowance of Deduction u/s 80-IA(7) solely on Failure to Digitally File Audit Report: Delhi HC [Read Order]
The Delhi High Court has ruled that a deduction under Section 80-IA(7) of the Income Tax Act cannot be denied solely because the assessee failed to digitally file an audit report. In the case, the...
