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.
PFRDA Circular mandates that annuity cancellations for NPS subscribers can only occur during the free look period, effective immediately.
New Aadhaar authentication process for GST registration in Ladakh. Book appointments for biometric verification and document verification.
From December 1, 2024, additional qualifiers for synthetic diamond import/export declarations are mandatory to enhance customs assessments and reduce clearance delays.
IFSCA amends the Aircraft Lease Framework for transactions with Indian residents, effective immediately. Details on requirements and fees are outlined.
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.
