News

Tambaram police arrest a woman accused of cheating customers of around Rs 66 lakh using fake Income Tax receipts.

Woman Tax Consultant Held for Rs 66 Lakh Fraud Using Fake Income Tax Receipts

Judgement

ROC has imposed a penalty of Rs 2 lakh on company and its two directors for failing to maintain an office at its registered address in violation of Section 12 of the Companies Act.

ROC: Company and Directors Faces Penalty for Not Having Any Office at Registered Location of Business

ITAT partly deletes Rs 10.48 lakh penalty, ruling that mere disallowance of expenses does not automatically justify penalty under Section 271(1)(c).

Mere Expense Disallowance Cannot Trigger Section 271(1)(c) Penalty; ITAT Partly Allows Appeal

ITAT Delhi set aside the CIT(A)’s order and remanded the matter for fresh adjudication after additional evidence was accepted without obtaining the AO’s Remand Report.

ITAT Sets Aside CIT(A) Order Over Failure to Obtain AO’s Remand Report on Additional Evidence; Matter Sent Back for Fresh Adjudication

Orders

ROC has imposed penalty on company and its director for contravening the provisions of section 137(1) of the Companies Act, 2013, by not furnishing financial statements for the FY 2021-22.

ROC Imposes Penalty on Company and Director for Failure to Furnish Financial Statements for FY 2021-22

ITAT deletes Rs 42.42 lakh tax additions, ruling that refunded business advances were genuine transactions, not accommodation entries.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Woman Tax Consultant Held for Rs 66 Lakh Fraud Using Fake Income Tax Receipts

ROC: Company and Directors Faces Penalty for Not Having Any Office at Registered Location of Business

Mere Expense Disallowance Cannot Trigger Section 271(1)(c) Penalty; ITAT Partly Allows Appeal

ITAT Sets Aside CIT(A) Order Over Failure to Obtain AO’s Remand Report on Additional Evidence; Matter Sent Back for Fresh Adjudication

ROC Imposes Penalty on Company and Director for Failure to Furnish Financial Statements for FY 2021-22

ITAT Deletes Rs 42.42 Lakh Tax Additions, Rejects Department’s Accommodation Entry Claim Over Refunded Business Advances