Clipped from: https://taxguru.in/corporate-law/wills-india-understanding-types-laws-benefits.html What Is A Will? A Will is a legal document that sets forth the wishes of the person making it (the testator) regarding
Category: Legal
👌SC on liability of banker for allowing operation of locker restrained by Income Tax Department
Clipped from: https://taxguru.in/income-tax/sc-liability-banker-allowing-operation-locker-restrained-income-tax-department.html HDFC Bank Ltd. Vs State of Bihar & Ors. (Supreme Court of India) Whether a banker can be held liable for erroneously allowing locker
👌ITAT Upholds Deletion of Additions u/s 68 Due to Sufficient Cash Balance
Clipped from: https://www.taxscan.in/itat-upholds-citas-deletion-of-additions-u-s-68-citing-sufficient-cash-balance-and-lack-of-evidence-for-accommodation-entries-read-order/453097/ The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]’s decision to delete additions made under Section
👌👌👌👌👌👌👌Aadhar Not conclusive proof of individual’s date of birth: SC
Clipped from: https://taxguru.in/corporate-law/aadhar-conclusive-proof-individuals-date-birth-sc.html Saroj & Ors. Vs IFFCO-TOKIO General Insurance Co. & Ors. (Supreme Court of India) In a significant ruling, the Supreme Court of India
India may see 1 trillion cyberattacks annually by 2033, experts warn | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/india-may-see-1-trillion-cyberattacks-annually-by-2033-experts-warn-124103000899_1.html In recent years, high-profile cyberattacks have hit institutions such as AIIMS and major airlines Image: Bloomberg Listen to This Article India is projected
Delhi court orders fresh probe against Gautam Gambhir in flat cheating case | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/delhi-court-orders-fresh-probe-against-gautam-gambhir-in-flat-cheating-case-124103001234_1.html Special Judge Vishal Gogne set aside a magisterial court order, saying it reflected “inadequate expression of mind” in deciding the allegations against Gambhir
👌👌👌👌👌👌👌Definition of Workman under Industrial Disputes Act, 1947
Clipped from: https://taxguru.in/corporate-law/workman-industrial-disputes-act-1947-analysis-workman-definition.html Introduction: The Industrial dispute Act, 1947 (in short “ID Act”) was enacted by the parliament, on 11 March 1947 and came into force with
👌Navigating cyber threats – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/navigating-cyber-threats/article68811518.ece Need to integrate tech, people and processes Rapid technological advancements, coupled with a complex and evolving threat landscape, are fundamentally reshaping how organisations
👌👌👌👌👌Consumer protection: Changes in insurance policy terms must be conveyed | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-changes-in-insurance-policy-terms-must-be-conveyed-124102700626_1.html The National Commission noted that critical illness risk should have been included by the insurer to avoid prejudice caused by the discontinuation of
👌👌👌👌👌👌👌CBDT Circulars Cannot Override Income Tax Act: Punjab & Haryana HC
Clipped from: https://taxguru.in/income-tax/cbdt-circulars-override-income-tax-act-punjab-haryana-hc.html Ishwar Chand Vs Union of India (Punjab and Haryana HC) In the case of Ishwar Chand vs Union of India, the Punjab and Haryana
👌👌👌👌👌ITAT quashes Assessment Reopening Over Notice Procedural Flaws
Clipped from: https://www.taxscan.in/itat-quashes-reopening-of-assessment-due-to-procedural-flaws-in-issuance-of-notice-read-order/450482/ The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the reopening of the assessment for the assessment year ( AY ) 2017-18
👌👌👌👌👌👌👌Income Tax Appeal Portal Update: ITAT Website Migrates to New Server
Clipped from: https://www.taxscan.in/income-tax-appeal-portal-update-itat-website-migrates-to-new-server/450620/ The migration process began this week and is expected to take approximately 3-4 days to complete. By Manu Sharma – On October 25, 2024 11:54 am –
👌Kerala HC directs Separate GST Proceedings for Each Financial Year Despite Consolidated SCN
Clipped from: https://taxguru.in/goods-and-service-tax/kerala-hc-directs-separate-gst-proceedings-financial-year-consolidated-scn.html Haries Muhammed Vs Assistant Commissioner (IB) (Kerala High Court) High Court of Kerala Directs Separate Proceedings for Each Financial Year in GST Case: Authorities
👌Stamp duty value on date of agreement to be considered when date of agreement and registration is different
Clipped from: https://taxguru.in/income-tax/stamp-duty-date-agreement-considered-date-agreement-registration.html Partha Pratim Chakrabarty Vs ITO (ITAT Kolkata) ITAT Kolkata held that when date of agreement and date of registration are not same, then,
👌👌👌👌👌👌👌SC Issues Directions To Create Awareness About Free Legal Aid
Clipped from: https://taxguru.in/corporate-law/sc-issues-directions-create-awareness-free-legal-aid.html It is most vital to note that in a significant step with far reaching consequences, the Supreme Court in a most learned, laudable,
👌👌👌Aadhaar card not a valid document for determining someone’s age: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/aadhaar-card-not-a-valid-document-for-determining-someone-s-age-sc-124102401265_1.html A bench comprising Justices Sanjay Karol and Ujjal Bhuyan, therefore, said the age of the deceased had to be determined from the date
👌👌👌It’s time cybersecurity issues find mention in annual reports: GMR Group CISO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/its-time-cybersecurity-issues-find-mention-in-annual-reports-gmr-group-ciso/article68783105.ece A key issue in tackling cybersecurity hurdles is the ‘security poverty line’: KPMG Global Cybersecurity Head Calling cybersecurity a business risk and not
Passing of ex-parte order without deciding case on merits untenable: ITAT Visakhapatnam
Clipped from: https://taxguru.in/income-tax/passing-ex-parte-order-deciding-case-merits-untenable-itat-visakhapatnam.html 14Anuradha Reddy Vs ITO (ITAT Visakhapatnam) ITAT Visakhapatnam held that dismissal of appeal and passing of ex-parte order by CIT(A) in absence of
👌👌👌Statement made during investigation before Central Excise Officer not reliable unless examined as witness: CESTAT sets aside Penalty Imposed
Clipped from: https://www.taxscan.in/statement-made-during-investigation-before-central-excise-officer-not-reliable-unless-examined-as-witness-cestat-sets-aside-penalty-imposed/448073/ The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that statement made during investigation before a central excise
Kerala HC Holds Rectification Order is Invalid If It Fails to Provide Reasons in exercise of Rectification Power
Clipped from: https://www.taxscan.in/rectification-order-is-invalid-if-it-fails-to-provide-reasons-in-exercise-of-rectification-power-kerala-hc-read-order/448932/ It was observed that the personal hearing notice does not indicate that any reason justifying the exercise of power of rectification was pointed
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