More than 3.82 lakh Companies Struck Off till FY 2020-21 in Special Drives taken by Registrar of Companies, says MoS Rao Inderjit Singh
Under the Special Drives taken by Registrar of Companies, 3,82,875 number of companies ware struck off u/s 248 (1) of the Companies Act till the...
![Non-Profit Company imparting Education eligible for Income Tax Exemption for Charitable Activities: Calcutta High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/03/Non-Profit-Company-Education-Income-Tax-Exemption-income-tax-Charitable-Activities-Calcutta-High-Court-Taxscan.jpeg "Non-Profit Company imparting Education eligible for Income Tax Exemption for Charitable Activities: Calcutta High Court [Read Judgment]")
![Madras HC Directs Dept to determine If IL&FS is a Public Institution under the Companies Act: Quashes ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Madras-High-Court-Madras-HC-ILFS-Public-Institution-Companies-Act-Quashes-ITAT-TAXSCAN.jpeg "Madras HC Directs Dept to determine If IL&FS is a Public Institution under the Companies Act: Quashes ITAT Order [Read Order]")
![Gujarat HC remands matter back to Assistant Commissioner for determination of Excise Duty Refund claim with formula of Input / Output ratio of raw materials used in Exported Goods manufacturing [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Gujarat-High-Court-Assistant-Commissioner-determination-Excise-duty-refund-claim-input-output-ratio-raw-materials-exported-goods-goods-manufacturing-goods-refund-Taxscan.jpg "Gujarat HC remands matter back to Assistant Commissioner for determination of Excise Duty Refund claim with formula of Input / Output ratio of raw materials used in Exported Goods manufacturing [Read Order]")
![Court of Additional Sessions Judge can’t Try Offences under IBC: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Court-of-Additional-Sessions-Judge-Bombay-High-Court-IBC-Taxscan.jpg "Court of Additional Sessions Judge can’t Try Offences under IBC: Bombay High Court [Read Order]")
No Liability arises for Payment of Income Tax by the Non-Resident receiving payment for Time Charter: ITAT [Read Order]
The Rajkot Bench of Income Tax Appellate Tribunal (ITAT) has ruled that no liability arises for payment of Income Tax by the non- resident receiving payment for time charter. The assessee,...
![No Liability arises for Payment of Income Tax by the Non-Resident receiving payment for Time Charter: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/NRI-Liability-Payment-of-Income-Tax-Non-Resident-receiving-payment-Time-Charter-ITAT-Taxscan.jpg "No Liability arises for Payment of Income Tax by the Non-Resident receiving payment for Time Charter: ITAT [Read Order]")
Income Tax Exemption to ICMAI Registered Valuers Organisation: ITAT asks Dept to re-consider Application [Read Order]
The Income Tax Appellate Tribunal (Delhi), while considering an appeal filed by the ICMAI Registered Valuers Organisation, asked the income tax department to re-consider the application to allow...
![Income Tax Exemption to ICMAI Registered Valuers Organisation: ITAT asks Dept to re-consider Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Income-Tax-Exemption-ICMAI-Cost-Accountants-ICMAI-Registered-Valuers-Organisation-Taxscan.jpg "Income Tax Exemption to ICMAI Registered Valuers Organisation: ITAT asks Dept to re-consider Application [Read Order]")
Non-Registration of Mortgage, hypothecation of Security Interest created by virtue of DRT Judgment can’t be classified as Unsecured Creditor: NCLAT [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) held that Non-registration of mortgage, hypothecation of security interest created by virtue of Debt Recovery Tribunal judgment...
![Non-Registration of Mortgage, hypothecation of Security Interest created by virtue of DRT Judgment can’t be classified as Unsecured Creditor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/NCLAT-Non-registration-of-mortgage-DRT-judgment-taxscan.jpg "Non-Registration of Mortgage, hypothecation of Security Interest created by virtue of DRT Judgment can’t be classified as Unsecured Creditor: NCLAT [Read Order]")
Govt. can’t seek coercive Recovery of remaining Customs Duty in indirect manner by blocking Export Incentives: Rajasthan HC [Read Order]
The Rajasthan High Court held that the government cannot seek coercive recovery of remaining Customs Duty in an indirect manner by blocking export incentives. The petitioner, M/s M.k. Exim (India)...
![Govt. can’t seek coercive Recovery of remaining Customs Duty in indirect manner by blocking Export Incentives: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Govt-Coercive-Recovery-Customs-Duty-Export-Incentives-Rajasthan-HC-Taxscan.jpg "Govt. can’t seek coercive Recovery of remaining Customs Duty in indirect manner by blocking Export Incentives: Rajasthan HC [Read Order]")
IL & FS Scam: Madras High Court quashes FIR against Three Ex-Directors of IL & FS, but does not give a 'Clean Chit' [Read Order]
The Madras High Court quashed the FIR against the three ex-directors of IL&FS namely Ravi Parthasarathy, Hari Sankaran, Ramchand Karunakaran, but did not give a "clean chit". The three had...
![IL & FS Scam: Madras High Court quashes FIR against Three Ex-Directors of IL & FS, but does not give a Clean Chit [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/ILFS-scam-Madras-High-Court-clean-chit-Taxscan.jpg "IL & FS Scam: Madras High Court quashes FIR against Three Ex-Directors of IL & FS, but does not give a Clean Chit [Read Order]")
MCA relaxes Levy of Additional Fee in Filing of Certain Forms under Companies Act, 2013, LLP Act, 2008 [Read Circular]
The Ministry of Corporate Affairs (MCA) issued the circular notifying the relaxation in Levy of Additional Fee in Filing of Certain Forms under Companies Act, 2013, and LLP Act, 2008. The...
![MCA relaxes Levy of Additional Fee in Filing of Certain Forms under Companies Act, 2013, LLP Act, 2008 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/06/Companies-Act-LLP-Act-MCA-Taxscan.jpeg "MCA relaxes Levy of Additional Fee in Filing of Certain Forms under Companies Act, 2013, LLP Act, 2008 [Read Circular]")