Taxscan Team
![Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/IA-Appellant-NCLAT-Limitation-Act-taxscan.jpg "Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]")
Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT), denied benefit of Setion 14 of the Limitation Act on the ground that an...
![Mistakes in Pre-Consultation Notice u/s 148A(b) and Order: Delhi HC Asks AO to Issue Amended Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Pre-Consultation-Notice-Order-Delhi-HC-AO-Issue-Amended-Notice-TAXSCAN.jpg "Mistakes in Pre-Consultation Notice u/s 148A(b) and Order: Delhi HC Asks AO to Issue Amended Notice [Read Order]")
![Open Purchase Orders are Not Agreement to Sell, Movement of Goods are Mere Stock Transfers: Karnataka HC Quashes Sales Tax Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Purchase-Orders-Agreement-to-Sell-Stock-Transfers-Karnataka-HC-Sales-Tax-Demand-taxscan.jpg "Open Purchase Orders are Not Agreement to Sell, Movement of Goods are Mere Stock Transfers: Karnataka HC Quashes Sales Tax Demand [Read Order]")
Net Profit Margin to be Adjusted to take into Account the differences between International Transactions and Comparable Uncontrolled Transactions: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bangalore, has recently while deciding an appeal filed before it by an assessee, held that net profit margin arising in comparable uncontrolled...
![Net Profit Margin to be Adjusted to take into Account the differences between International Transactions and Comparable Uncontrolled Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Net-Profit-Margin-International-Transactions-Transactions-ITAT-taxscan.jpg "Net Profit Margin to be Adjusted to take into Account the differences between International Transactions and Comparable Uncontrolled Transactions: ITAT [Read Order]")
AO failed to record the satisfaction envisaged u/s 14A(2): ITAT deletes proceedings against Serum Institute of India [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) deleted proceedings against Serum Institute of India by upholding the order of CIT(A) which deletes the disallowance as the AO failed to...
![AO failed to record the satisfaction envisaged u/s 14A(2): ITAT deletes proceedings against Serum Institute of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/AO-ITAT-Serum-Institute-of-India-taxscan.jpg "AO failed to record the satisfaction envisaged u/s 14A(2): ITAT deletes proceedings against Serum Institute of India [Read Order]")
Non-Communication of Order by Counsel to Assessee constitute 'Reasonable Cause' for Delay in filing Appeal: Rajasthan HC [Read Order]
A division bench of the Rajasthan High Court has held that the non-communication of order by the counsel to the assessee constitute “reasonable cause” for the delay in the filing of the appeal. ...
![Non-Communication of Order by Counsel to Assessee constitute Reasonable Cause for Delay in filing Appeal: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Non-Communication-Reasonable-Cause-Appeal-Rajasthan-HC-TAXSCAN.jpg "Non-Communication of Order by Counsel to Assessee constitute Reasonable Cause for Delay in filing Appeal: Rajasthan HC [Read Order]")
Jurisdictional Authorities shall Issue Recurring SCNs: Maharashtra GST Dept Clarifies Issues on Notice In case of Enforcement Action by State [Read Circular]
While clarifying the issues in relation to the authority regarding action consequential to issuance of Show Cause Notice and for issuance of recurring SCN in case of an enforcement action initiated...
![Jurisdictional Authorities shall Issue Recurring SCNs: Maharashtra GST Dept Clarifies Issues on Notice In case of Enforcement Action by State [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/11/Jurisdictional-Authorities-SCNs-GST-Dept-Notice-taxscan.jpg "Jurisdictional Authorities shall Issue Recurring SCNs: Maharashtra GST Dept Clarifies Issues on Notice In case of Enforcement Action by State [Read Circular]")
