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Archive: 26 July 2024

Posts in 26 July 2024

Approved recommendations of SNJPC will be implemented under observation of new committee: Supreme Court

July 26, 2024 384 Views 0 comment Print

Supreme Court directed constitution of ‘Committee for Service Conditions of the District Judiciary’ overseeing the implementation of the recommendations of the SNJPC as approved by this Court.

Customs duty and interest payable even when confiscated goods are redeemed after payment of fine: Supreme Court

July 26, 2024 708 Views 0 comment Print

Supreme Court held that owner of the goods has liability to pay customs duty and interest even after confiscated goods are redeemed after payment of fine and other charges under section 125 of the Customs Act.

Sebi confirms order against 12 entities in V Marc India (Read Order)

July 26, 2024 3474 Views 0 comment Print

SEBI bars 12 entities, including V Marc India’s promoter, for manipulating stock prices and volumes. The probe continues with potential legal proceedings.

SEBI Bans Vijay Mallya for 3 years from securities market (Read Order)

July 26, 2024 837 Views 0 comment Print

SEBI bans Vijay Mallya from securities markets for three years due to fraudulent activities involving overseas bank accounts and routing funds to Indian markets.

The crucial reason you must compare mutual funds before investing

July 26, 2024 840 Views 0 comment Print

Investing in mutual funds can be a powerful way to grow your wealth, but the key to maximizing your returns lies in making informed choices.

RBI Fines 3 Payment Operators for KYC Non-Compliance

July 26, 2024 384 Views 0 comment Print

RBI imposes fines on Manappuram, Ola Financial, and Visa for KYC and regulatory breaches. Find details on penalties and compounding orders here.

CA Foundation Exam June 2024 Result on 29th July 2024

July 26, 2024 1470 Views 0 comment Print

Check your CA Foundation Exam results on 7th Feb 2024 at icai.nic.in. Use your registration number and roll number for result access.

When and Why Refinancing Might Be a Bad Idea

July 26, 2024 417 Views 0 comment Print

This article covers when and why refinancing might be a bad idea and the key questions you need to ask yourself before taking the plunge.

Guarantee fee to AE resulted into reduced interest rate hence TP adjustment unjustified: ITAT Ahmedabad

July 26, 2024 234 Views 0 comment Print

ITAT Ahmedabad held that benefit demonstrated in form of reduced interest rate on account of guarantee, thus, payment of guarantee fee justifiable. Accordingly, TP adjustment on account of the guarantee fee payment to AE deleted.

Additional grounds raised in appeal needs adjudication by lower authority: ITAT Chennai

July 26, 2024 813 Views 0 comment Print

ITAT Chennai restored the matter back to the file of AO for re-adjudication as additional ground raised by the assessee in appeal were not taken up before lower authorities.

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