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MAXIMUM DELAY CONDONATION
NCLAT can only condone max 15-day delay in filing appeals: SCThe Supreme Court has ruled that the NCLAT can only excuse delays in filing appeals for a maximum of 15 days. This decision reinforces the ...- Income Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rulesIncome tax relief: The income tax department has released new rules for granting condonation of delay requests in filing specified forms. T...
- Interim Budget 2024 wish list: 15 income tax, personal finance ideas for the Finance MinisterThe Union Budget will be announced next month. ET Wealth reached out to experts to know what they want on February 1.
- Missing ITR verification deadline can cost you Rs 5000 despite filing ITR on timeThe Central Board of Direct Taxes, via a notification in July 2022, reduced the time limit for ITR verification from 120 days earlier to 30...
- Delhi HC issues notice to Yasin Malik on NIA plea seeking death penalty for him in terror funding caseSolicitor General Tushar Mehta, who appeared on behalf of the National Investigation Agency (NIA), argued that the accused indulged in terr...
- Acknowledgement of debt: Is it bankers' safe haven under IBC?An acknowledgment of a debt or liability by a debtor in writing or a partial payment of the outstanding dues, during the subsisting period ...
- I-T department allows condonation of delay in filing audit reports by trusts, institutionsIncome tax law mandates that such institutes can claim tax benefits available to them only after furnishing the tax audit report in form 10...
- Missed the March 31 deadline to file income tax return? Here's what you can doIf you have missed the March 31 deadline to file ITR, the income tax department can allow taxpayers to file returns post the deadline for s...
- Last date for filing original FY2014-15 ITR was 31.3.2017: If you missed this too, here's what to doAn individual as per the tax laws is required to file the original return by July 31 every year says Amarpal Chadha, Tax Partner and India ...
- PAC finds irregularities in award of advertisement contracts in railwaysThe PAC has also observed that the menace of unauthorised displays at the stations was a constant source of leakage of revenues of railways.
- Government extends validity of environment clearance to 7 years"We have notified the extension of the validity of EC from five years to seven years. The EC can be renewed for a maximum period of three y...
- Companies cannot reject claim for hospitalization intimation failureClaim cannot be rejected for failure to intimate hospitalization in medical emergency. Consumer forum directs recovery of compensation from...
- IRDA tells insurers to honour the spirit of contract, reject claims only on 'valid grounds'Irda advises insurers not to repudiate claims unless they are convinced that they wouldn't have been admissible even if reported within the...
- Mediclaim booster for senior citizens & the sickNew regulations make it mandatory for an insurance company to renew a health insurance policy, irrespective of how much it has already paid...
- Incentive for bigger crimesWhile the world has examples of Bearings, Enron, Madoff, the difference, as compared to us, is the speed with which the case is heard and v...
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