Orders

Since the company had failed to comply with Section 134(3)(f) of the Companies Act, the ROC held it and its directors liable under Section 134(8) of the Companies Act, 2013.

Company Faces Penalty for Not Addressing Auditor's Adverse Remarks in Director's Report

ROC imposed penalties on the company and its directors for failing to disclose POSH compliance in the Board’s Report, in violation of the Companies Act, 2013.

ROC Slaps Rs 4 Lakh Penalty on Nidhi Company and Its Directors for Non-Disclosure of POSH Compliance

Judgement

The ITAT agreed with CIT(A), noting that the ownership was restored to the assessee's late mother before the land was acquired by the Haryana Government.

ITAT Upholds Exemption u/s 10(37) on Rs 5 Crore Land Compensation Paid by Haryana Government

ITAT quashed the reassessment holding that that reopening based on mechanical approval and without the independent application of mind by the tax authorities is invalid.

Reopening Based on Mechanical Approval of CIT is Bad in Law: ITAT

Heavy earth-moving machinery used exclusively within factory or enclosed premises falls outside MV Act and Entry 57 List II

SC Holds Off-Road Construction Equipment Not ‘Motor Vehicles’; Gujarat Road Tax Demands Quashed

Articles

The New Income Tax Act 2025 introduces simpler rules, a new “tax year” concept, tech-driven compliance, and faster return processing to reduce the burden on taxpayers from April 2026.

Explore Our Blogs

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

Company Faces Penalty for Not Addressing Auditor's Adverse Remarks in Director's Report

ROC Slaps Rs 4 Lakh Penalty on Nidhi Company and Its Directors for Non-Disclosure of POSH Compliance

ITAT Upholds Exemption u/s 10(37) on Rs 5 Crore Land Compensation Paid by Haryana Government

Reopening Based on Mechanical Approval of CIT is Bad in Law: ITAT

SC Holds Off-Road Construction Equipment Not ‘Motor Vehicles’; Gujarat Road Tax Demands Quashed

New Income Tax Rules 2025: Five Key Amendments in Income Tax Act 1961; Effective April 01, 2026