Naturo Indiabull Limited penalized for not acknowledging notices at its registered office, violating Section 12(1) of the Companies Act, 2013.
DGFT announces amendments to the Export Promotion Capital Goods Scheme under Chapter 5 of HBP 2023 to ease compliance and enhance business efficiency.
Government discusses bringing petrol, diesel, and LPG under GST. Learn about the proposals, responses, and potential impact on consumer prices.
Mineral Area Development Authority & Anr. Vs Steel Authority of India & Anr Etc. (Supreme Court of India) In Mineral Area Development Authority & Anr. Vs Steel Authority of India & Anr, the Supreme Court’s 9-judge bench, with an 8:1 majority, clarified several critical issues regarding the taxation of mineral resources. The court determined that […]
Delhi High Courts order on Aarem Trad Ex Pvt Ltd vs Sales Tax Officer: Court remits case for re-adjudication due to improper consideration of petitioner’s reply.
Delhi High Court remits Spinclabs Private Limited GST case for re-adjudication, citing improper consideration of detailed replies and lack of procedural fairness.
MCA imposes a ₹20,000 penalty on Ajay Nidhi Ltd and its director for violating Rule 14(6) of the Companies (Prospectus and Allotment of Securities) Rules, 2014.
Manipur High Court held that non-communication of order of reassessment and demand notice within time lime prescribed under section 153(2) of the Income Tax Act cannot be treated as valid assessment. Accordingly, order quashed aside.
Discover SIMS 2.0 launch details by Ministry of Commerce & Industry. All importers informed about changes.
Delhi High Court held that it is impermissible for TPO to disregard the actual transaction unless it comes to the conclusion that an unrelated party would not have undertaken the same in usual course of business. Thus, TPO not permitted to engage in the restructuring of a transaction.