[ad_1] HC Quashes Penalty u/s 270A where claim was based on binding jurisdictional precedent at time of ITR filingThe petitioner, GM Modular Private Limited, filed its return for AY 2019-20 declaring income of Rs. 70.11…
[ad_1] Delay in Filing MGT-7A: ROC Chennai Grants Relief with Zero PenaltyThe Registrar of Companies (ROC), Chennai, imposed zero penalty on Net Carbon Vision Private Limited and its officer in default even after the company…
[ad_1] HC Quashes Rs. 30,000 Customs Penalty as Proceedings Invoked Wrong Warehouse RegulationsZaveri and Co. Pvt. Ltd., engaged in importing and processing precious metals, was granted a Special Warehouse licence under Section 58A of the…
[ad_1] ITAT Deletes Rs 1.61 Crore Penalty, Says Incorrect but Disclosed Claim Not ‘Inaccurate Particulars’The ITAT upheld deletion of a Rs 1.61 crore penalty on the company, ruling that fully disclosed but incorrect claims do…
[ad_1] ROC Cuttack Imposes Penalty for Incorrect AGM Details in MGT-7A FilingThe Registrar of Companies (ROC), Cuttack, has imposed a penalty on Nexbricks Engineering Private Limited and its director on the accounts of filling in…
[ad_1] ITAT Deletes Rs. 13.56 Lakh Penalty Under Section 271D; Cash Received on Flat Sale Held Bona FideThe assessee, engaged in construction as M/s. Vidya Builders and also in private finance, filed his return for…
