Day: April 23, 2025
Companies May Face Penalty Up to ₹3 Lakh for Not Filing MSME-1 on Delayed Payments
Clipped from: https://www.taxscan.in/companies-may-face-penalty-up-for-not-filing-msme-1-on-delayed-payments/510056/ Companies required to file MSME-1 for payments delayed beyond 45 days to MSME suppliers or face penalties up to ₹3 lakh under the
*****Income Tax Assessments Must Rely on Cogent Evidence, Not Assumptions: Delhi HC
Clipped from: https://taxguru.in/income-tax/income-tax-assessments-rely-cogent-evidence-assumptions-delhi-hc.html Rohit Gandhi Vs ITO (Delhi High Court) Delhi High Court held that the Income Tax Assessments must be based on cogent evidence rather