In law, look out circular is a circular letter used by authorities of India to check whether a travelling person is wanted by police. It is open to search for absconding criminals and also to prevent and monitor effectively entry or exit of anyone who maybe sought by law enforcement or authorities.
Madras High Court quashes GST assessment orders for AY 2017-2022, citing a web portal design flaw that led to missed notices. Details and implications.
DC notes that Mr. Partha Sarathy Sarkar has conducted the entire CIRP of the CD in a brazen manner without having due regard the provisions of the Code and the regulations made thereunder. Keeping in view the grave nature of contraventions as detailed above, three years suspension is fully justified.
Calcutta High Court held that initiation of adjudication proceeding without allowing cross-examination of person whose statements recorded and relied upon in the adjudication proceeding makes the entire proceeding vitiated.
CESTAT Ahmedabad held that appellant is not liable to pay an amount equal to 10%/6%/5% of the value of exempted goods as proportionate Cenvat credit on common input service attributed to the exempted final product already reversed.
Himachal Pradesh High Court held that exemption u/s 11 of the Income Tax Act duly entitled even if Funds Pending Utilization was more than the prescribed limit as proved that funds were utilized for the purpose of achieving its objective.
Transferring Show Cause Notices to Call Book (Keeping SCN in abeyance / pending) under the erstwhile Laws i.e. The Central Excise Act, 1944 and the Finance Act, 1994, was a common practice. Couple of instructions were also issued on the matter under the said Acts.
Discover the benefits of a digital company profile in the technology-driven era. Learn essential points for creating an effective business profile, boosting credibility, and gaining a competitive edge.
Reserve Bank of India issues guidelines for releasing movable and immovable property documents upon personal loan repayment. Learn more about responsible lending conduct.
Kerala High Court’s judgment on the maintainability of a writ petition against IT Act Section 263 during the pendency of an appeal before CIT(Appeals).
