MCA imposes Rs. 8 lakh penalty on Velotio Technologies for non-disclosure of related party transactions under Section 134(3)(h). Detailed adjudication order.
NRIs visiting India should update KYC in banks, convert accounts to NRO, manage PAN and Aadhar, maintain an Indian mobile number, and address property and tax issues.
The Ministry of Finance exempts RBI from Section 206CCA of Income Tax Act, 1961 through Notification No. 46/2024 dated 27th May, 2024.
Delhi High Court quashes a Rs. 7 crore GST demand, emphasizing the need for the proper officer to consider replies on merits. Details of the judgment.
Madras High Court sets aside GST order for denying ITC on commercial vehicle without giving hearing opportunity, directs reassessment with petitioner’s input.
Delhi High Court ruling states GST registration can be cancelled retroactively if warranted, ensuring compliance with objective criteria. Learn more.
Delhi High Court’s judgment clarifies that IBC proceedings don’t preclude court jurisdiction for Section 11 applications under the Arbitration and Conciliation Act.
SEBI has introduced amendments to the Infrastructure Investment Trusts (InvIT) Regulations, enhancing governance and transparency. Learn about the latest updates.
RBI exempted from Section 206AB of the Income Tax Act, 1961, via Ministry of Finance notification dated May 27, 2024. Learn more about the implications and details.
Read the full text of the Supreme Court judgment granting interim bail in the case of Sunil Kumar Agrawal vs Directorate of Enforcement. Analysis included.
