Approved gratuity fund provisions remain deductible despite general actual-payment requirements, preventing revision of the allowed gratuity deduction...
Verification of intangible software expenditure and duplicated disallowances requires record-based reassessment before depreciation and income computa...
Cash receipt aggregation requires a single transaction, event or occasion; separate partner capital contributions cannot attract cash-receipt penaltie...
The Central Government exercised powers under section 435 of the Companies Act, 2013, with concurrence of the Chief Justice of the Punjab and Haryana HC, to designate three Special Courts for expedited trial of corporate offences. The designated courts include CJM/ACJM courts in SAS Nagar (Punjab jurisdiction), Gurugram (Haryana jurisdiction), and Chandigarh (Union Territory jurisdiction). This notification establishes specialized judicial infrastructure under section 435(2)(b) to ensure speedy adjudication of Companies Act violations within these territorial jurisdictions. The designation aims to streamline corporate litigation and reduce case pendency through dedicated magistrate courts with specific corporate law expertise.
The Central Government exercised powers under section 435 of the Companies Act, 2013, with concurrence of the Chief Justice of the Punjab and Haryana HC, to designate three Special Courts for expedited trial of corporate offences. The designated courts include CJM/ACJM courts in SAS Nagar (Punjab jurisdiction), Gurugram (Haryana jurisdiction), and Chandigarh (Union Territory jurisdiction). This notification establishes specialized judicial infrastructure under section 435(2)(b) to ensure speedy adjudication of Companies Act violations within these territorial jurisdictions. The designation aims to streamline corporate litigation and reduce case pendency through dedicated magistrate courts with specific corporate law expertise.
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TaxTMI 
TaxTMI 
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