Smallcap MIC Electronics shares rise on receipt of first order; check details

In a regulatory filing, the company said it received its first order under the approved category of “Microprocessor ...
Tax Guru

₹1 Crore Section 68 Addition Remanded Due to Lack of Assessee Evidence

An addition of ₹1 crore under section 68 was challenged on the ground that the assessee had no opportunity to produce supporting documents. The matter was remanded to the AO for de novo assessment, ...
Tax Guru

Reassessment Declared Invalid Due to Non-Issuance of Mandatory Notice

The ITAT ruled a reassessment under Section 147 invalid because the Assessing Officer failed to issue the mandatory Section 143(2) notice. compliance with notice requirements is crucial for valid ...
The Manila Times

Mawson Receives Final Order for Arrangement with First Nordic Metals

Mawson Finland Limited ('Mawson” or the 'Company”) (TSX-V: MFL) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has granted the final order (the 'Final Order') in ...

Tax exemption on disability pension denied after voluntary retirement; Gujarat High Court rules in favour of ex-serviceman

The Gujarat High Court has made a significant ruling, establishing that disability pensions are not subject to income tax, ...