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Archive: 18 December 2023

Posts in 18 December 2023

Yuvraj International Limited Penalized for late-filing of Financial Statement

December 18, 2023 159 Views 0 comment Print

Government of India’s Ministry of Corporate Affairs imposes penalties on Yuvraj International Limited and its directors for breaching Section 137 of the Companies Act, 2013

Bombay HC Sets Aside Murder Conviction: Sudden Occurrence & Petty Count

December 18, 2023 516 Views 0 comment Print

Bombay High Court’s landmark judgment sets aside murder conviction, sentencing the accused for culpable homicide. Detailed analysis of the sudden occurrence on a petty count and its legal implications.

Supreme court upheld the abrogation of Article 370

December 18, 2023 765 Views 0 comment Print

In a historic judgment, the Supreme Court of India, led by Chief Justice Dr. Justice D.Y. Chandrachud, upheld the abrogation of Article 370 of the Constitution.

CBIC Chairman’s Weekly Newsletter – 18th December 2023

December 18, 2023 738 Views 0 comment Print

Get insights from the CBICs 2nd National Coordination Meeting, performance review, and anti-evasion efforts. Stay informed about GST practices and legal advancements

Bail application of accused involved in tax evasion by supplying goods without issue of invoice rejected

December 18, 2023 804 Views 0 comment Print

Kerala High Court held that bail application of petitioner involved in tax evasion of more than Rs. 6.5 crores on allegation of supply of goods without issuance of invoice rejected as such serious allegations needs thorough investigation.

Condonation of 92 days delayed submission of claims to Liquidator due to medical difficulty of Officer in Charge

December 18, 2023 495 Views 0 comment Print

Condonation of 92 days delay due to medical difficulty of officer in charge was allowed as liquidation proceedings were still underway, and the admission of claim which was a statutory dues would not derail/protract the liquidation proceedings in respect of the Corporate Debtor.

Subsidy by State Government for development of new Multiplexes is capital in nature

December 18, 2023 570 Views 0 comment Print

ITAT Delhi held that incentive / subsidy given by state Governments on account of development of new Multiplexes in the state is capital receipt.

Condonation of delay in filing of appeal by revenue not granted as sufficient cause not shown

December 18, 2023 1959 Views 0 comment Print

Delhi High Court dismissed condonation of delay in filing of appeals by revenue in absence of any sufficient cause shown. Court observed that no action is taken against the officers who sit on files and do nothing under presumption that the court would condone delay in routine.

Customs Exchange Rates effective from 19th December, 2023

December 18, 2023 1143 Views 0 comment Print

Explore the changes in foreign currency exchange rates under Customs Notification No. 92/2023 by the Ministry of Finance. Effective from 19th December 2023.

Simplification of requirements grant accreditation to investors

December 18, 2023 576 Views 0 comment Print

Discover the simplified process for investor accreditation by SEBI. Learn about KYC access, financial criteria, and the updated validity period. Stay informed!

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