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Calcutta HC Refuses to Condone Delay of 1923 Days In Absence of Sufficient Explanation [Read Order]
In a recent case, the Calcutta High Court refused to condone a delay of 1923 days in the absence of sufficient explanation. The bench viewed that...
![IBBI reprimands Plants and Machinery Valuer for Lack of Due Diligence in Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/IBBI-IBBI-reprimands-Plants-Plants-and-Machinery-Machinery-Diligence-in-Valuation-taxscan.jpg "IBBI reprimands Plants and Machinery Valuer for Lack of Due Diligence in Valuation [Read Order]")
![DGFT issues Re-operationalization of Scrip Transfer Recording Module [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/04/DGFT-Re-operationalization-Scrip-Transfer-Recording-Module-Taxscan.jpeg "DGFT issues Re-operationalization of Scrip Transfer Recording Module [Read Circular]")
![SEBI extends Timeline for implementation of Creation of Security in issuance of listed Debt Securities and ‘due diligence’ by Debenture Trustee [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/01/SEBI-extends-timeline-Security-debt-securities-due-diligence-debenture-trustee-taxscan.jpeg "SEBI extends Timeline for implementation of Creation of Security in issuance of listed Debt Securities and ‘due diligence’ by Debenture Trustee [Read Circular]")
No Penalty If ALP was determined as per section 92C in Good Faith and with Due Diligence: ITAT Delhi [Read Order]
A division bench of the Delhi ITAT, last week held that penalty under section 271(1)(c ) of the Income Tax Act, 1961 cannot be levied if the Arm’s Length Price (ALP) was determined as per the scheme...
![No Penalty If ALP was determined as per section 92C in Good Faith and with Due Diligence: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty If ALP was determined as per section 92C in Good Faith and with Due Diligence: ITAT Delhi [Read Order]")
