Learn about the penalties imposed by the Ministry of Corporate Affairs (MCA) for Pantheryx (India) Private Limited’s failure to appoint a director in compliance with Section 149 of the Companies Act, 2013.
Learn about penalties imposed by Ministry of Corporate Affairs in India for companies failing to appoint a company secretary as mandated by Companies Act, 2013.
CESTAT Kolkata held that the Hydraulic Study Department of Calcutta Port Trust were eligible for the benefit of Notification No. 71/80-Cus dated 26.03.1981 and Notification No. 152/94-Cus dated 13.07.1994. Notification exempts goods which are imported by research institution from payment of customs duty.
Discover latest amendment by RBI to the Master Direction (MD) on KYC and its implications for regulated entities. Stay updated with changes.
ITAT Chennai held that the termination of the call option merely relinquishes the right of to buy shares, however, there is no element of non-compete obligation inherent in the agreement and hence provisions of Section 28(va) of the Income Tax Act cannot be triggered.
NSE requires listed entities to file Voting Results in XBRL format only, effective from November 1, 2023. Details in the circular
ITAT Raipur held that AO having jurisdiction over the case passed the order u/s 143(3) of the Income Tax Act without issuing notice u/s 143(2). Accordingly, the matter quashed for want of valid assumption of jurisdiction as notice u/s 143(2) was issued by non-jurisdictional AO.
Supreme Court held that ‘tinted glass sheets’ is liable to be tax as ‘goods or ware made of glass’ covered within entry no. 4 of notification no. 5784 dated 07.09.1981 and hence the same is taxable.
Dive into the Narayan Sharma vs. Commissioner of Customs case at CESTAT Chandigarh, involving the absolute confiscation of smuggled gold. Learn about the facts, statements, and documentary evidence leading to the decision.
CBIC lowers Special Additional Excise Duty on diesel exports from Rs. 5 to Rs. 4 per litre, effective from October 18, 2023. Notification No. 35/2023-Central Excise.
