Delve into the Rama Ferro Alloys & Finance Private Limited Vs Commissioner of CGST & CX case where CESTAT Kolkata rules in favour of the appellant regarding utilization of cenvated inputs in job work.
Explore the Jitendrakumar Ramjibhai Detroja Vs State of Gujarat case where Gujarat High Court grants anticipatory bail to a public servant arrested under Prevention of Corruption Act, highlighting no need for custodial interrogation.
MCA issued a penalty order against Manpur Rubber Industries Private Limited for non-filing of annual returns for multiple financial years and deactivation of DIN (Director Identification Number).
Explore the taxability under GST for personal guarantees offered by directors when companies raise loans. Understand the implications of the GST department’s application of the Reverse Charge Mechanism (RCM) and valuation rules on personal guarantees, even when no consideration is flowing from the company to directors.
Among the provisions outlined in the act, Section 185 has garnered substantial attention due to its impact on loans and advances to directors. This article aims to provide a comprehensive overview of Section 185 and its implications for companies and directors.
