SEBI’s 2024 amendment allows Research Analysts to charge fees for their services, including from accredited investors. Effective from the date of publication.
CESTAT Mumbai quashes SCN against fruit seller for non-payment of service tax, ruling it was not engaged in a service tax leviable activity.
Kerala HC holds that writs are not maintainable against orders of the First Appellate Authority under the Kerala Building Tax Act; revisional jurisdiction is available.
Patna HC dismisses Bharti Enterprises’ petition against GST registration cancellation due to delay and failure to avail amnesty scheme, citing lack of diligence.
IBBI dismisses appeal seeking liquidator details for Hindustan Paper Corporation, citing information available online and upholding prior decision.
Patna HC dismisses plea challenging Income Tax Department’s bid disqualification notice for office space rental. Evaluation process found justified.
CBIC launches an All-India drive to combat fake GST registrations and bogus invoices from August 16 to October 15, 2024, ensuring compliance and revenue protection.
Patna High Court rejects a petition challenging GST registration cancellation, citing failure to use available appeal and amnesty options.
ITAT Ahmedabad remands the Vidhyanagar Jain Society’s registration case to CIT(E) for reconsideration due to non-submission of documents and unavoidable delays.
SEBI issues guidelines for borrowing by Category I and II AIFs, and sets limits for tenure extension by Large Value Funds. Compliance is mandatory by November 18, 2024.
