Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Validity of notice proposing for Best Judgement assessment u/s 144 - Failure to file ITR in response to notice u/s 148 r.w.s. 142(1) due to medical reasons and recovery proceedings against the company under the provisions of SARFAESI Act - The High court granted the petitioner six weeks to file returns and submit required documents in response to the latest notice. Failure to comply would lead to finalizing the assessment under Section 144 of the Income Tax Act.
Validity of notice proposing for Best Judgement assessment u/s 144 - Failure to file ITR in response to notice u/s 148 r.w.s. 142(1) due to medical reasons and recovery proceedings against the company under the provisions of SARFAESI Act - The High court granted the petitioner six weeks to file returns and submit required documents in response to the latest notice. Failure to comply would lead to finalizing the assessment under Section 144 of the Income Tax Act.
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