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Subsidiary Assets Can’t Be Treated as Corporate Debtor’s Assets Under IBC: Supreme Court 

The Supreme Court has held that assets belonging to subsidiary companies cannot be treated...

Reliance Trust, ISKCON, Hinduja Hospital & Breach Candy Move ITAT Against S. 12AB Cancellation Over ‘Commercial Activity’ Allegations

A major charitable trust operating a leading hospital in Mumbai, along with organisations such...
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Low Deterrence in Law Fuels Habitual Economic Offenders, Must Be Stopped: Bombay High Court

The Bombay High Court has held that the low deterrent effect of the law...

GST Appellate Authority Not Empowered To Condone Delay Beyond 30 Days: Andhra Pradesh High Court

The Andhra Pradesh High Court has held that the GST appellate authority under Section...

KNOW  5  KEY  RECOMMENDATIONS OF  53rd  GST  COUNCIL MEET

Author: Khushi J. PrajapatiIntroduction        India's Goods and Services Tax (GST) Council meets at intervals to...

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Subsidiary Assets Can’t Be Treated as Corporate Debtor’s Assets Under IBC: Supreme Court 

The Supreme Court has held that assets belonging to subsidiary companies cannot be treated...

Reliance Trust, ISKCON, Hinduja Hospital & Breach Candy Move ITAT Against S. 12AB Cancellation Over ‘Commercial Activity’ Allegations

A major charitable trust operating a leading hospital in Mumbai, along with organisations such...

ITAT Deletes Global Income Addition After Holding No Basis for POEM in India Despite CIT(A)’s Own Findings

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside the addition of...

Income Tax Prosecution Quashed: Madras HC Holds Complaint Without Jurisdiction & Prior Assessment Is Abuse of Process

The Madras High Court has quashed criminal proceedings initiated against an assessee for alleged...