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NCLT Hyderabad dismissed the application filed under section 9 of the Insolvency and Bankruptcy Code, 2016 for initiation of CIRP due to non-compliance of section 69(2) of the Indian Partnership Act, 1932
Patna High Court held that delay of four months in filing of an appeal condoned on medical ground as the petitioner was suffering from Jaundice and the same was proved by submission of medical certificate.
ITAT Visakhapatnam held that addition under section 68 of the Income Tax Act towards unsecured loan sustained as creditworthiness of the lender not proved. Accordingly, ground raised by the assessee dismissed.
CBIC issues Notification No. 68/2024 for amendments to the Passenger Name Record Information Regulations, 2022. Effective from the date of publication.
The Ministry of Finance imposes anti-dumping duty on Isopropyl Alcohol imports from China PR, effective for five years, to protect domestic industry.
India imposes an anti-dumping duty on Sulphur Black from China for five years to protect the domestic industry from unfair pricing.
India imposes anti-dumping duty on Cellophane Transparent Film imports from China for 5 years to protect domestic industry as per DGTR findings.
Cost of fuel borne by service recipient and this cost of this fuel could not be subjected to charge of GST by adding the value of free diesel in the transaction value of GTA service done by assessee.