Judgements and Orders, Supreme Court and High courts of India

Adjudication Order in respect of Amit Chouhan in the matter of Hasti Finance Ltd.

Guest 19 October 2020 at 15:04

Securities and Exchange Board of India (hereinafter referred to as “SEBI”)conducted an investigation in the scrip of Hasti FinanceLtd.,(hereinafter referred to as “HFL” / “Company”)based on a reference received from the Principal

Posted in LAW | 155 Views

Exemption granted with respect to proposed direct and indirect acquisitions under Takeover Regulations 2011

Guest 19 October 2020 at 15:04

UNDER SECTION 11(1) AND SECTION 11(2)(h) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 READ WITH REGULATION 11(5) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGUL

Posted in LAW | 89 Views

Adjudication Order in respect of Morisson Traders and Developments Pvt., Ltd., in the matter of dealings in Illiquid Stock Options at BSE

Guest 19 October 2020 at 15:04

Securities and Exchange Board of India (hereinafter be referred to as, the “SEBI”) conducted investigation into the trading activity in illiquid stock options on BSE Limited (hereinafter be referred to as, the “BSE”) for the period April 01, 2014 to

Posted in LAW | 61 Views

Three-wheeled motor vehicle fitted with battery pack, classifiable under HSN 8703, otherwise under HSN 8706

Bimal Jain 16 October 2020 at 12:48

The Hon'ble AAR, West Bengal in Re: M/s Hooghly Motors Pvt. Ltd. [Order Number 06/WBAAR/2020-21 dated August 10, 2020] held that a three-wheeled electrically operated vehicle/rickshaw is classifiable under HSN 8703 (Motor Vehicles for carrying less t

Posted in GST | 219 Views

No registration required for trust carrying out 'charitable activities' exempt under GST

Bimal Jain 16 October 2020 at 12:48

The Hon'ble AAR, Gujarat in Re: All India Disaster Mitigation Institute [Advance Ruling No. GUJ/GAAR/R/20/2019 dated September 11, 2019] wherein the charitable trust registered under Section 12AA and 80G of Income-tax Act, 1961 ("Income Tax Act") car

Posted in GST | 81 Views

Adjudication order in respect of 9 entities in the matter of violation of PFUTP Regulations in the scrip of Sterling Greenwoods Limited

Guest 14 October 2020 at 09:44

UNDER SECTION 15-I OF SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 READ WITH RULE 5 OF SEBI (PROCEDURE FOR HOLDING INQUIRY AND IMPOSING PENALTIES BY ADJUDICATING OFFICER) RULES, 1995

Posted in LAW | 92 Views

M/s Lalith Gangadhar Constructions Private Limited , Bangalore Vs. The Deputy Commissioner of Income Tax Circle-4(1)(1), Bangalore

Guest 13 October 2020 at 17:57

The appeal filed by the assessee is directed against the order dated 05-01-2018 passed by Ld CIT(A)-9, Bangalore and it relates to the assessment year 2012-13.

Posted in Income Tax | 76 Views

Not necessary for the assessee to establish that the debts written off as bad debt have in fact become bad and irrecoverable

Guest 13 October 2020 at 17:57

This appeal by the assessee is directed against the order of CIT(Appeals)-7, Bengaluru dated 20.09.2018 in relation to assessment year 2014-15.

Posted in Income Tax | 68 Views

No necessity to show expenses separately in the profit & loss account, when the expense is netted off against the relevant income

Guest 13 October 2020 at 17:57

The assessee has filed this appeal challenging the order dated 1.3.2018 passed by Ld. CIT(A), Bengaluru and it relates to assessment year 2014-15.

Posted in Income Tax | 80 Views

Cost of unbilled work to be provided for entire year by estimating the same on scientific and rational based on engineering

Guest 13 October 2020 at 17:57

Present appeal has been filed by revenue against order dated 01/08/2019 passed by Ld.CIT(A), Koramangala, Bangalore, for assessment year 2013-14 on following grounds of appeal:

Posted in Income Tax | 106 Views