In a further drive to smooth up the Indian Corporate Sector after taking up diverse stringent actions in opposition to the shell companies keeping in view the ultimate target of preventing the generation and circulation

The Income Tax Appellate Tribunal (ITAT) Kolkata on June 6 allowed remuneration given to lady directors even though they are not involved in pure managerial or supervising work of Company. The assessee, Betterman Engineers Pvt.

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench has held that the software activation services cannot be termed as “Business Auxiliary Services” and therefore, not subject to service tax as the assessee

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) while granting relief to Honda Access held that pre -operative expenses of developing business activities should not be disallowed. The assessee, Honda Access India Pvt

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that no disallowance of expenses on basis of lack of business activity or non-reporting income under Profit and gains of business or profession (PGBP).

The Surat bench of the Income Tax Appellate Tribunal (ITAT) has ruled that trusts with minor mismatches in their names will not be denied registration under section 12AB of the Income Tax Act, 1961. The

The Chandigarh Bench of the Income Tax Appellate Tribunal in the case of Punjab Cricket Association v ACIT held Punjab Cricket Association to be engaged in a commercial activity. The assessee is a cricket association

The New Delhi Bench of Income Tax Appellate Tribunal recently held that cultivation of high quality foundation seeds of peas, wheat, paddy and potato constitutes “agricultural activity”. Malook Singh, the assessee’s net agricultural income was

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the lease rental income should be taxed under the head “Income from House Property” or “Income from Other Sources” even if such

The Ministry of Corporate Affairs ( MCA ) has allowed filing of DIR-12 by ‘ACTIVE non-compliant’ company in some cases. The MCA has notified the Companies (Incorporation) Eighth Amendment Rules, 2019 wherein Rule 25 A

The Karnataka Authority of Advance Ruling (AAR) ruled that the maintenance activity laid out from the fund collected for providing facilities to the society attracts GST. The applicant is a Housing Society registered under the

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that in order to prevent miscarriage of justice, the assessee was provided one more opportunity of being heard in support of its case for

The Income Tax Appellate Tribunal (ITAT)  Surat bench held that charitable activities of trust should not be confined to a particular caste. The trust has two types of objects, one exclusively for assessee  caste and second

The Ministry of Corporate Affairs (MCA) has clarified that the expenditure by Companies for the activities relating to “Har Ghar Tiranga” campaign is eligible CSR activities. A circular issued by the Ministry on Friday stated

The Delhi bench of the Customs, Excise and Services Tax Appellate Tribunal ( CESTAT ) has held that sending of samples to buyers is a Promotional Activity which cannot be treated as outward transportation for