Delhi High Court quashes GST order for Anant Wire Industries, citing non-compliance with SCN service requirements and remands case for reconsideration.
IBBI suspends insolvency professional for accepting assignments despite AFA suspension. Disciplinary action highlights regulatory compliance and ethical practices in IBC.
Sri Paripoorna Sanathana Trust gets approval for scientific research under section 35 of the Income-tax Act, valid for AY 2025-26 to 2029-30.
Customs Notification 50/2024 replaces Table I in Notification 62/2022. Amendments align with public interest under the Customs Act, 1962.
ITAT Bangalore rules that VAT penalty payments cannot be deducted under Section 37 of Income Tax Act, remanding case for further examination.
Kerala High Court rules on input tax credit denial for Lloyd Insulations India Limited, directs fresh order in light of Section 16(5) of CGST/SGST Act.
Punjab & Haryana HC invalidates Section 148 notice due to non-compliance with faceless assessment provisions under Section 144B of the Income Tax Act, 1961.
Rajasthan High Court clarifies that provisional attachments under Section 83 of the GST Act cease after one year. Bank directed to allow account operation.
Rajasthan HC fines petitioners filing repeated petitions, calling it an abuse of the process, and directs adherence to prior court rulings.
SEBI’s amendments to Listing Regulations impact the role of company secretaries, focusing on secretarial audit, compliance officer elevation, and governance enhancements.