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Bombay High Court Warns Assessing Officers Of Costs If Orders Are Passed Without Hearing Assessees

The powers under Section 254(2) of the Act are only to correct and rectify the mistake apparent from the record and not beyond that: SC

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AO could not reopen the assessment after a period of 4 years merely on the basis of change of opinion

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As per Section 12 of the IBC, the corporate insolvency resolution process shall be completed within a period of 180 days from the date of admission of the application, which can be extended by a further period of 180 days: SC

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Bombay High Court Warns Assessing Officers Of Costs If Orders Are Passed Without Hearing Assessees

The powers under Section 254(2) of the Act are only to correct and rectify the mistake apparent from the record and not beyond that: SC

Anand Rathi's initial public offering (IPO) was oversubscribed by 2.78 times

AO could not reopen the assessment after a period of 4 years merely on the basis of change of opinion

Use of Mobile Telephone in Polling Booth is not Allowed during ICAI Election: ICAI

Corporate insolvency resolution process can be extended by a further period of 180 days: SC