- Sections 234B and 234C interest aren't leviable when taxes are payable under MAT provisions: Bombay HC
- Penalty imposed u/s 15HA for unfair trade practice was to be set aside due to inordinate delay of 7 yrs in issuing SCN
- Duty drawback & Cash Compensatory assistance accrues only when same sanctioned by Custom Authorities
- Loan waived by State Govt. couldn’t be brought to tax u/s 28(iv) : HC
- ITAT quashed assessment order as notice & questionnaire was issued by AO without examining ITR
- MCA notifies e-form STK-3A for striking off of name of Govt. Cos. from register
- RBI permits banks to reckon funds infused by the promoters in their MSME
- SEBI amends norms for Escrow Account under Takeover Code
- Govt. revises criteria for classifying enterprises as micro, small and medium
- SEBI issues norms on optional pricing in preferential issue