Judgement

Considering the monetary limit involved in this case, the ITAT ruled that the ITO wrongly assumed jurisdiction over the case.

AO Cannot Issue Section 143(2) Notice Beyond Prescribed Monetary Limits: ITAT

ITO Cannot Issue Section 143(2) Notice Beyond CBDT Prescribed Monetary Limits: ITAT

The HC directed actor Rajpal Yadav to surrender in multiple cheque bounce cases after he repeatedly failed to pay agreed settlement amounts despite several opportunities and extensions.

Delhi HC Directs Actor Rajpal Yadav To Surrender in Cheque Bounce Case After Repeated Payment Settlement Failures

Orders

ROC penalized company and its directors for failing to file the annual return under Section 92, imposing fines for continued non-compliance.

ROC Imposes Penalty for Non-Filing of Annual Return Under Section 92

The Madras High Court sets aside the GST assessment for improper notice and directs a fresh hearing after a 25% tax deposit.

Madras High Court Sets Aside GST Assessment for Improper Service of Notice

The ITAT held that a debatable issue relating to MAT book profit computation cannot be corrected through rectification under Section 154 and accordingly quashed the rectification order.

ITAT Quashes MAT Rectification Order; Debatable MAT Computation Cannot Be Revised u/s 154

Articles

As per the proposal, in the old tax regime, MAT payment will become the final tax, and the Companies will not get new MAT credit.

Explore Our Blogs

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

ITO Cannot Issue Section 143(2) Notice Beyond CBDT Prescribed Monetary Limits: ITAT

Delhi HC Directs Actor Rajpal Yadav To Surrender in Cheque Bounce Case After Repeated Payment Settlement Failures

ROC Imposes Penalty for Non-Filing of Annual Return Under Section 92

Madras High Court Sets Aside GST Assessment for Improper Service of Notice

ITAT Quashes MAT Rectification Order; Debatable MAT Computation Cannot Be Revised u/s 154

Budget 2026: Major Changes in MAT Provisions, no credit for MAT w.e.f 01.04.2026