There was no deliberate intention on the part of assessee not to disclose the correct information or to evade payment of duty and as such it was not open to the Central Excise Officer to proceed to recover duties in the manner indicated in proviso to section 11A.
The owners entered into a Development Agreement with New India City Developers Private Limited ( Developer ) to develop a group housing project and an IT Park on the said land after obtaining the required approvals.
SEBI introduces updates to Buy-Back Regulations, 2018, revising disclosure norms, entitlement calculations, and public announcement provisions.
SEBI amends Bankers to an Issue Regulations, 2024. Key updates include expanded services like escrow, IPO accounts, and stricter registration requirements.
Adjudication order issued to Jasbir Singh for violating Section 165 of Companies Act, 2013. Penalty of ₹2,00,000 imposed by ROC Punjab and Chandigarh.
Learn how case laws and judicial principles protect bona fide buyers from ITC denial under Section 16(2)(c) of CGST. Explore remedies for seller default scenarios.
CBIC mandates additional qualifiers for coking and non-coking coal imports from 15.12.2024 to improve assessments and reduce clearance delays.
