Subhangi Industries Private Limited director appointed without a DIN (Director Identification Number) faces a penalty of ₹3.41 lakh. The company failed to comply with Section 152(3) of the Companies Act, 2013.
Delhi High Court ruling: NGO retains tax exemptions under Sections 11 & 12 despite donor TDS deduction. Analysis & implications of Aroh Foundation case.
Delhi High Court sets aside an order due to wrong email communication regarding GST show cause notice. Learn about the implications and rectification process.
ITAT held that non-initiation of penalty proceedings under section 270A by the AO, in light of the addition made under the head ‘income from house property’, rendered the assessment order erroneous and prejudicial to the Revenue’s interest.
Understanding the recent NCLT Mumbai case between Edelweiss and Ajmera Realty. Find out the legal arguments, implications, and findings in this comprehensive article.
Lender Banks Required to Provide Audit Reports to Borrowers and Allow Representation Before Classifying Accounts as Fraud, Along with Issuing Reasoned Orders on Objections
Read about the Directorate General of Foreign Trades Public Notice 44/2023, suspending inoperative Standard Input-Output Norms (SION) from April 1, 2024. Learn about the impact and representation details.
Government of India’s DGFT issues Policy Circular (No. 10/2023-2024) providing relief in Average Export Obligation for sectors with export decline. Learn the impact and implementation.
Stay informed about IFSCA latest circular extending guidelines for Bullion Intermediaries in GIFT-IFSC. New deadline, regulatory updates, and impact discussed.
Read about RBIs circular extending the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit up to June 30, 2024. Learn about modified rates and conditions.
