Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditio...
Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
Validity of final assessment order u/s 144B - petitioner request for adjournment was ignored - The High court remanded the matter back to the Assessing Officer to decide afresh from the stage of the draft assessment order - This decision is made in light of a precedent that emphasizes the right of an assessee to respond to a draft assessment order and the expectation of a lenient approach by the Income Tax Department, particularly during the challenging times of the Covid-19 pandemic.
Validity of final assessment order u/s 144B - petitioner request for adjournment was ignored - The High court remanded the matter back to the Assessing Officer to decide afresh from the stage of the draft assessment order - This decision is made in light of a precedent that emphasizes the right of an assessee to respond to a draft assessment order and the expectation of a lenient approach by the Income Tax Department, particularly during the challenging times of the Covid-19 pandemic.
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