Mere nature as depreciable asset insufficient without actual Depreciation claim to apply sec 50- Karnataka High Court In this case, the dispute revolved around whether Sec 50 , which governs taxation ...

GST Case Law Compendium reviews significant judicial pronouncements impacting taxpayers and tax administration. Recent court ...

SEBI issued FAQs clarifying the range of services that can and cannot be rendered by Secretarial Auditors under the SEBI ...

Is TDS on salary paid to partners to be deducted under Section 192 or Section 194T? As clarified earlier, Section 192 applies ...

5.Delays in Implementation: Though passed in 2020, complete country-wide implementation has been delayed owing to concerns over state-level preparedness and the impact of the pandemic on the economy.

The Code on Wages, 2019 is a comprehensive and forward-looking framework aimed at modernizing India’s labor laws. Here are some of the key features that stand out: ...

ITAT Rules in Favor of Auto-Rickshaw Driver, Rejects ₹103.33 Crore Addition for Insufficient Investigation – However declares ...

Under the Industrial Relations Code, 2020, any strike or lockout within an industrial setup has to be preceded by a notice period of 14 days. That way, there will be enough time for the parties to ...

It is also made clear that since repeated adjournments have been sought by the Petitioner, the period of limitation for passing the Order-in-Original in terms of Section 75 (3) of the Central Goods ...

“13. … The Government is the guardian of the finances of the State. It is expected to protect the financial interest of the State. Hence quite naturally, the Legislature has empowered the Government ...

ITAT Delhi restored the matter to the file of the Assessing Officer with the direction to pass order after affording reasonable, adequate and effective opportunity of being heard and hence the appeal ...

ITAT Mumbai held that invocation of revisionary proceedings under section 263 of the Income Tax Act not justified since AO has taken plausible view. Accordingly, order passed u/s. 263 set aside and ...