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Archive: 07 February 2025

Posts in 07 February 2025

RBI Policy Updates: Financial Markets, Cybersecurity & Payments

February 7, 2025 462 Views 0 comment Print

RBI announces policy updates on financial markets, cybersecurity, and payment systems, including forward contracts, AFA in cross-border transactions, and more.

Landmark Judgements of SC on Input Tax Credit for Construction Under GST

February 7, 2025 3432 Views 2 comments Print

SC clarifies ITC on construction under GST, applying the functionality test. High Court to decide if malls qualify as plants for ITC eligibility.

Class Action Suit- A legal proceeding to protect interest of Minority Shareholders

February 7, 2025 396 Views 0 comment Print

Learn about Class Action Suits under Section 245 of the Companies Act, 2013, protecting minority shareholders from oppression and mismanagement.

Risks of Using an Unregistered Trademark: Legal Consequences

February 7, 2025 330 Views 0 comment Print

Explore the risks and consequences of using an unregistered trademark, including potential legal actions and the implications of opposition or objections during registration.

Section 8 Companies: Formation, Compliance, Features & Exemptions

February 7, 2025 1080 Views 0 comment Print

Learn about Section 8 Companies under the Companies Act, 2013, including incorporation, compliance, exemptions, and penalties for non-compliance.

Incorporation of Farmer/ Producer Company under Companies Act, 2013

February 7, 2025 405 Views 0 comment Print

Learn about the incorporation of a Farmer Producer Company in India under the Companies Act, 2013, including eligibility, legal framework, and registration process.

DGFT Revises Vintage Vehicle Classification to Align with CMVR 1989

February 7, 2025 351 Views 0 comment Print

The Indian government revises import rules for vintage motor vehicles under Chapter 87 of ITC (HS) 2022 to align with the Central Motor Vehicles Rules, 1989.

Delhi HC Ruling on Validity of Reassessment Notices Post-Finance Act, 2021

February 7, 2025 1182 Views 0 comment Print

Delhi HC ruled on reassessment notices under IT Act, 1961, addressing amendments by Finance Act, 2021, and limitation periods following Supreme Court precedents.

Orissa HC Quashes Order Rejecting Form-10B Delay Condonation

February 7, 2025 552 Views 0 comment Print

Orissa High Court quashes order rejecting Oneness Educational Trust’s plea for condonation of delay in filing a revised tax return for AY 2021-22.

Telangana HC condones delay in filing Form No. 10B

February 7, 2025 639 Views 0 comment Print

Telangana High Court rules on tax exemption delay for Global Organisation for Development. Case examines condonation of Form 10B filing delays under Income Tax Act.

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