Judgement

ROC Bangalore penalised the company and its director for failing to maintain proper statutory meeting records and non-compliance with the Companies Act, 2013.

ROC Punishes Company and Director for Non-Maintenance of Meeting Records

The ROC has imposed a Rs 44,000 penalty on the company and its directors for a delayed PAS-3 filing after securities allotment; no additional daily penalty was imposed.

Company and Directors Penalised for Form PAS-3 Delayed Filing: ROC

The Madras High Court quashes the GST assessment order for violation of natural justice after the tax authorities ignored the petitioner’s submitted reply.

Ignoring Taxpayer Reply Violates Principles of Natural Justice: HC Remands GST Case for Fresh Consideration

ITAT held that once the Gujarat HC quashes an assessment order and directs fresh proceedings, lower authorities cannot re-adjudicate the same matter.

Once High Court Decides, Lower Authorities Cannot Revisit the Same Issue: ITAT 

The tribunal agreed with the assessee, observing that there was no direct evidence linking the assessee to any manipulation.

ITAT Ahmedabad Quashes Penny Stock Additions Due to Lack of Evidence

ITAT remanded the case involving disputed additions and penalty for Assessment Year 2018-19, holding the assessee lacked a fair opportunity, and directed the Assessing Officer to reconsider issues afresh accordingly.

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ROC Punishes Company and Director for Non-Maintenance of Meeting Records

Company and Directors Penalised for Form PAS-3 Delayed Filing: ROC

Ignoring Taxpayer Reply Violates Principles of Natural Justice: HC Remands GST Case for Fresh Consideration

Once High Court Decides, Lower Authorities Cannot Revisit the Same Issue: ITAT

ITAT Ahmedabad Quashes Penny Stock Additions Due to Lack of Evidence

ITAT Grants Fresh Opportunity to Assessee; Case Sent Back for Review