Ministry of Corporate Affairs reduces penalty by 90% for CSR fund transfer delay by Quest Global Engineering Services Pvt. Ltd. Learn about the case and its implications.
Supreme Court observed that there is difference between “law and order” and “public order” and held that breach of law in all cases does not lead to public disorder.
CESTAT Chandigarh held that once the importer voluntary accepted the enhancement then the importer is estopped from challenging the same subsequently.
ITAT Delhi held that simultaneous issue of the DIN number is insignificant and superfluous exercise, in the absence of mentioning the DIN number on the body of AO’s order. Thus, Assessment order without DIN is void ab initio.
Explore the adjudication order under section 454(5) of the Companies Act, 2013, where Muthoottu Mini Nidhi Limited’s penalty for non-compliance is reduced to Rs. 2,80,000.
Supreme Court introduces Standard Operating Procedure (SOP) for courts summoning government officials, emphasizing restraint and fair treatment in judicial proceedings.
Stay informed on the latest tax changes! Explore the Corrigendum to Notification No.5/2024 by the Ministry of Finance. Analysis and impact covered in this update.
Explore the latest Income Tax Act amendment (Notification No. 04/2024) allowing non-residents to invest in financial products through International Financial Services Centres. Analysis of key provisions and impact on offshore banking. Learn about capital market intermediaries, financial products, and the International Financial Services Centre Act. Stay informed on tax implications and opportunities for non-resident investors.
Dive into the intricacies of GSTR-1 reporting with the unveiling of Tables 14 and 15. Explore the impact on e-commerce transactions and GST compliance, unraveling the purpose and implications of these significant additions. Discover tips for seamless reporting and navigate the evolving world of GST with confidence
Madras High Court quashes penalty under TNVAT Act, stating AO needs a definite finding on wilful non-disclosure in the assessment order.