Karnataka High Court remanded the matter back to the Assessing Officer since non-response to notice issued under section 148A(d) of the Income Tax Act by the petitioner was due to bonafide reasons, unavoidable circumstances and sufficient cause.
The said SCN was adjudicated by the learned Commissioner of Customs in the impugned order by confirming the proposals made in the SCN. Feeling aggrieved with the impugned order, the appellants have filed these appeals before the Tribunal.
SEBI amends the Intermediaries Regulations, 2024, detailing the procedure for summary proceedings and penalties for non-compliance in the securities market.
SEBI amends Insider Trading regulations in December 2024, broadening the scope of “connected person” and “relative” to enhance market transparency.
Allahabad High Court quashed a GST registration cancellation order citing lack of valid reasons, violations under Section 29(2), and denial of personal hearing.
Understand the mandatory sequential filing of GSTR-7 returns from October 2024 under Notification No. 17/2024. Learn filing requirements and GSTN helpdesk support.
SEBI seeks feedback on proposals to enhance online supervision of stock brokers’ system audits, ensuring quality, physical checks, and proper auditor qualifications.
Learn about Small & Medium REITs (SM REITs), their registration process, investment conditions, and key differences from traditional REITs.
Understand the key details, filing requirements, and deadlines for GSTR-9 & GSTR-9C annual returns under GST.
Routine sampling for rice exports is discontinued. Sampling is now case-specific, decided by Customs officials. Streamlined process effective from Dec 2024.
