The ICAI Disciplinary Committee reprimanded CA. Jagannath Holenarasipur Ramappa for professional misconduct related to audit communication and pending fees.
IFSCA circular allows CRAs in IFSC to offer ESG ratings and data products, promoting sustainability, transparency, and governance in financial services.
Penalty imposed on Bhadla Three SKP Green Ventures Pvt Ltd for violation of Section 90(4) of Companies Act, 2013. Total penalty: ₹5,91,000.
MCA imposes penalties on Dalas Biotech Ltd and its director for failing to meet independent director requirements under Companies Act, 2013.
ITAT Mumbai held that since the shares were acquired on or after 01.10.2004, the assessee would be entitled to claim exemption of LTCG u/s 10(38) of the Income Tax Act even if the Securities Transaction Tax (STT) was not paid at the time of acquisition.
Delhi High Court held that affiliation with and recognition by a regulatory authority are not essential attributes of education under Section 2(15) of the Income Tax Act. NIIT Foundation engaged in conducting systematic and formal instruction, schooling or training qualifies u/s. 2(15).
Andhra Pradesh High Court held that show cause notice proposing confiscation of goods failed to contain specific reason for confiscation. Further, order relating to confiscation of goods didn’t mentioned DIN. Accordingly, order set aside and matter remanded back.
Supreme Court sets aside High Court’s dismissal on merits in Benny D’Souza vs Melwin D’Souza case, restores RSA No.196/2022 for rehearing.
SEBI adjudicates on JM Financial Mutual Fund’s NAV surge due to DHFL securities sale, uncover-ing unfair trade practices by key individuals violating SEBI regulations.
SEBI’s interim order investigates fraudulent activities in Unison Metals Limited stock tips, implicating key individuals. Detailed analysis reveals major violations.
