Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Proposals for suo-moto audit or scrutiny under the HGST Act, 2017 must state clear, specific and duly justified reasons, supported by available records, intelligence inputs, data analysis or another verifiable information source. Each proposal must also specify the tentative quantum of tax evasion. The concerned DETC must first examine and recommend the proposal, after which the case file must be sent to the Joint Excise and Taxation Commissioner (Range) for necessary approval. Field formations must comply strictly; suo-moto action initiated without this prescribed process will be viewed seriously.
Proposals for suo-moto audit or scrutiny under the HGST Act, 2017 must state clear, specific and duly justified reasons, supported by available records, intelligence inputs, data analysis or another verifiable information source. Each proposal must also specify the tentative quantum of tax evasion. The concerned DETC must first examine and recommend the proposal, after which the case file must be sent to the Joint Excise and Taxation Commissioner (Range) for necessary approval. Field formations must comply strictly; suo-moto action initiated without this prescribed process will be viewed seriously.
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