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ICICI Pru share price: ICICI Prudential receives GST and penalty order of Rs 835 cr

ICICI Prudential Life Insurance has been ordered to pay a GST and penalty of Rs 835 crore from Maharashtra s State Tax department for FY2019. The order includes violations related to input tax credit reversal, mismatch in ITC, non-payment of tax on fixed asset sales, and interest on GST payment. ....

Icici Pru Share Price , Icici Pru , Icici Prudential , Penalty Order , State Tax Department , Life Insurance , Input Tax Credit ,

Penalty Order On Ground Of Misreporting Of Income Not Justified When SCN And Assessment Order Alleged Under-Reporting: ITAT

The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the penalty order on the ground of misreporting of income was not justified when show cause notice and the assessment order. ....

Andhra Pradesh , Hyderabad Bench , Income Tax Appellate Tribunal , Laliet Kumar , Judicial Member , Assessing Officer , Income Tax Act , For Appellant , Penalty Order , Assessment Order , Under Reporting ,

GST | Opportunity Of Hearing Must Before Taking Adverse View: Allahabad High Court Quashes Penalty Order

The Allahabad High Court has held that principles of natural justice must be complied with before drawing any adverse inference.While quashing the penalty order and subsequent order of the appellate. ....

Uttar Pradesh , Justicepiyush Agrawal , Allahabad High Court , High Court Verdict , Penalty Order , Principles Of Natural Justice ,