posted: "INCOME TAX : Where matter is at stage of show-cause notice and Commissioner has proposed to revise assessment order and for that purpose, objections of assessee are invited and, thus, opportunity of hearing is also to be granted to assessee, there is no r"
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posted: "FEMA, BANKING AND INSURANCE : Section 44(1)(a) of PMLA expressly provides that scheduled offence and an offence punishable under section 4 of PMLA shall be triable by Special Court constituted for an area in which offence had been committed; therefore, wh"
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posted: "INCOME TAX : Where reasons communicated to assessee for reopening assessment were incomplete and nowhere in reasons recorded, failure on part of assessee to furnish full and true information necessary for purpose of assessment was mentioned, entire reasse"
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posted: "RBI has informed banks and FIs that Ministry of MSME has decided to include retail and wholesale trade as MSMEs for the limited purpose of priority sector lending and they would be allowed to register on Udyam registration portal for the NIC codes and act"
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posted: "The Central Board of Direct Taxes (CBDT) has notified a new Rule 8AC which prescribes the manner for computation of short-term capital gains and written down value under section 50 if depreciation has been obtained by assessee.The Central Board of Direct "
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posted: "COMPANY LAW : Where petitioners were disqualified directors of struck off companies seeking appointment as directors in other/new companies, their DIN/DSC ought to be reactivated to enable them to conduct their fresh business in accordance with lawCOMPANY"
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