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Archive: December, 2024

Posts in December, 2024

India Imposes Anti-Dumping Duty on Telescopic Drawer Sliders

December 18, 2024 4254 Views 1 comment Print

India imposes definitive anti-dumping duty on Telescopic Channel Drawer Sliders imported from China, effective from 27th June 2024.

Disagreement over AO’s plausible view does not justify revisionary action

December 18, 2024 1152 Views 0 comment Print

The ITAT Jaipur ruling in the case of Alok Vijawat vs. PCIT discusses the invocation of Section 263 for the 2019-20 assessment and challenges raised against it.

Technical violation of Liquidation Regulation, 2016: IBBI suspends IP

December 18, 2024 792 Views 0 comment Print

IBBI’s Disciplinary Committee addresses irregularities in the constitution of Stakeholders’ Consultation Committee by liquidator Mr. Jitender Kumar Jain.

Role and Responsibilities of Customs Brokers with Penalties for Law Infractions

December 18, 2024 2943 Views 0 comment Print

Explore the roles, duties, and penalties of Customs Brokers under Customs Brokers Licensing Regulations (CBLR), ensuring compliance with customs laws and safeguarding interests.

Can Debenture Trustee Act as Direct Selling Agent?

December 18, 2024 864 Views 0 comment Print

Explore whether a SEBI-registered Debenture Trustee can act as a Direct Selling Agent (DSA), including regulatory guidelines and conflict-of-interest considerations.

FEMA – Submission of Annual Performance Report (APR)

December 18, 2024 24468 Views 0 comment Print

Introduction: The Foreign Exchange Management Act (FEMA) aims to regularise movement in forex to/from India. All forex transactions are bifurcated in capital account and current account transactions requiring different reporting reequipments for each set of transactions. One of such requirements under FEMA is to submit an Annual Performance Report (APR) which contains details of overseas […]

Condonation of Delay in Appeal Filing: Balancing Flexibility & Judicial Discipline

December 18, 2024 1851 Views 0 comment Print

Learn about the condonation of delay in legal cases and how courts balance flexibility with judicial discipline in extending limitation periods.

SEBI Warns Against Trading in unlisted securities on Unauthorized Platforms

December 18, 2024 1044 Views 0 comment Print

SEBI cautions investors against dealing in unlisted shares on unauthorized platforms, emphasizing investor protection and warning about potential risks.

Taxation of Indian & Overseas IPL Players

December 18, 2024 7125 Views 0 comment Print

Explore the tax implications for IPL players, including income tax for Indian and overseas players, TDS rates, and the role of DTAA agreements.

1,12,962 Companies registered during the current FY 2024-25

December 17, 2024 1554 Views 0 comment Print

Over 1.12 lakh companies registered in FY 2024-25, with various government initiatives to reduce costs and improve ease of doing business.

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