DGFT revises timelines in Para 6.06 of Handbook of Procedures (FTP 2023) for tea and spices imports to align with Chapter 4 provisions, easing compliance.
Madras High Court held that passing of order of detention in Form GST MOV-09 beyond time limit stipulated under section 129(3) of the Central Goods and Services Tax Act unjustified. Accordingly, detention held to be invalid.
ITAT Ahmedabad held that the interest earned on the investment made with the Coopearitve Society which was carried out the banking business is eligible for deduction under section 80P(2)(d) of the Income Tax Act.
Income tax exemption for Karnataka State Horticulture Development Agency on grants, horticulture revenue, and interest. Applicable for FY 2020-2021 to 2023-2024.
Income Tax exemption notification for Rabindra Setu, Kolkata, detailing income categories, conditions, and retrospective effect for assessment years 2019-2020 to 2023-2024.
RBI directs e-Kuber to process government transactions on March 30, 2025, ensuring accurate financial year-end accounting despite the date falling on a Sunday.
Madhya Pradesh High Court ruled on EPF Act applicability to employees of aided schools, emphasizing compliance with central laws over state-specific rules.
Patna HC rules on joint option under EPF and Pension Scheme for higher pensions, citing Supreme Court precedents, impacting retirees from Bihar State Food Corporation.
Madras High Court ruling on A. K. Ahamed & Co. Vs EPFO remands case for fresh adjudication, emphasizing that HRA and conveyance allowances are excluded from PF contributions.
Karnataka High Court quashes criminal proceedings against trustees for alleged provident fund violations, clarifying IPC provisions on employer liabilities.
