IBBI proposes amending CIRP regulations to require MSME status disclosure in the Information Memorandum to reduce resolution process uncertainties.
CESTAT Mumbai overturned the service tax demand on Hindustan Construction Co., ruling that reimbursements to group companies do not constitute taxable services.
Explore the 4th Amendment to the Foreign Exchange Management (Non-Debt Instrument) Rules, 2019. Key updates on control definitions, startup criteria, and more.
This petition under Article 226 of the Constitution of India assails the Assessment Order dated 27 March, 2024 passed by Respondent No.2 under the provisions of Section 144 read with Section 144B of the Income Tax Act, 1961.
ITAT Rajkot held that each partner is owner of the assets to the extent of his share in the partnership, hence, exemption u/s 54G of the Act, should not be denied to the assessee under consideration.
CESTAT Ahmedabad held that penalty on the employee of CHA (Customs House Agent) cannot be imposed on the charge of wrong availment of drawback by the exporter as proven that he has not been benefited by attempt to claim excess drawback by exporter.
Govt seeks feedback on labeling food wrapping paper and aluminum foils in both weight (kg) and size (meter x meter) for accurate consumer information.
The Indian government amends duty drawback rates for gold and silver jewelry with Notification No. 55/2024-Customs (N.T.), effective August 23, 2024.
IBBI denies an RTI appeal seeking Limited Insolvency Examination question papers, citing confidentiality and competitive fairness as reasons under Section 8(1)(d) of the RTI Act.
India extends anti-dumping duty on CPVC imports from China and Korea for five years to protect domestic industry from unfair pricing.
