Gujarat High Court rules that income tax recovery proceedings cannot proceed while appeals are pending before the CIT(A), impacting numerous taxpayers.
Bombay HC rules in favor of Kusharaj Bhandary, nullifying an assessment and penalty order due to TDS credit error. Outcome highlights rectification rights.
SEBI seeks public comments on reducing the draft SID review period from 21 to 5 working days to enhance efficiency in mutual fund launches.
SEBI seeks public feedback on proposed timelines for deployment of funds by AMCs in New Fund Offers (NFO), aimed at ensuring timely asset allocation. Comments by Nov 20.
Orissa High Court rules that claims before the approval of a resolution plan are extinguished, reinforcing the IBC’s provisions for corporate debtors.
ITAT Delhi remands JCB India Ltd.’s ₹166.09 crore TP adjustment for non-UK royalty payments to TPO for fresh consideration.
Learn about the job work procedure under GST, including the process, timelines for returning goods, and filing requirements for registered persons.
&K HC clarifies appellate authority’s limits on delay in filing GST appeals, stating no condonation beyond 30 days without exceptional circumstances.
Learn about the issuance and conversion process of Compulsory Convertible Preference Shares under the Companies Act 2013, including filing requirements and regulations.
Delhi HC grants bail to accused in cattle smuggling case due to prolonged detention, documentary evidence, and lengthy trial prospects.