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Archive: 10 February 2025

Posts in 10 February 2025

Classification of Medical Examination Rubber Gloves: CAAR Mumbai Ruling

February 10, 2025 1560 Views 0 comment Print

CAAR Mumbai rules Medical Examination Rubber Gloves under subheading 4015.12 of the Customs Tariff Act, 1975, confirming classification for medical use.

Entry Tax: Hauntings of the Past

February 10, 2025 6276 Views 0 comment Print

Haryana revives entry tax after 8 years, sparking legal concerns. Understand the implications, recovery limits, and legal remedies for businesses.

CS Profession@2047- Aspirations & Expectations

February 10, 2025 1266 Views 0 comment Print

As we approach the mid-21st century, the landscape of the corporate world is poised for unprecedented transformation. The year 2047, marking a century of India’s independence, offers a compelling vision for the future of the Company Secretary (CS) profession. This article explores the aspirations and expectations for CS professionals in this evolving era, reflecting on […]

Bombay HC directs Disciplinary Action against Officers Losing GST Case Documents

February 10, 2025 849 Views 0 comment Print

Bombay High Court orders inquiry into lost GST documents in Sheshnath Adyaprasad Singh’s case, seeking action against responsible officers.

LLP & Partners Penalized ₹1.5 Lakh for Non-Functioning at Registered Address

February 10, 2025 1230 Views 0 comment Print

Arles Maxent Associates LLP and its designated partners fined ₹1.5 lakh by Chennai ROC for violating Section 13 of the LLP Act, 2008, due to failure to maintain a registered office.

CBIC Not Bound to Clarify GST Issues Raised via Representations: Delhi HC

February 10, 2025 4965 Views 0 comment Print

Delhi High Court rules that CBIC is not required to clarify GST on Battery Energy Storage Systems (BESS), directing taxpayers to rely on statutory provisions.

Ignorance of law is not sufficient ground to condone delay: ITAT Bangalore

February 10, 2025 1098 Views 0 comment Print

ITAT Bangalore held that ignorance of law is not a ground for condonation of delay, hence delay of 879 days in filing of an appeal without any sufficient reason shown is not condonable. Accordingly, appeal dismissed.

FAQs on IFSCA IBC and OEC Regulations, 2022

February 10, 2025 1011 Views 0 comment Print

Learn about IFSCA regulations enabling foreign universities to set up branches in GIFT IFSC. Details include eligibility, fees, courses, and compliance.

Reopening u/s. 148 after four years without failure to disclose material facts unsustainable

February 10, 2025 972 Views 0 comment Print

ITAT Bangalore held that reopening of assessment under section 148 after expiry of four years without failure on part of assessee to disclose fully and truly all material facts is invalid and hence liable to be quashed.

Details/ documents proved genuineness of purchases hence bogus purchase addition deleted

February 10, 2025 1206 Views 0 comment Print

ITAT Mumbai held that CIT(A) rightly deleted addition towards bogus purchases since assessee proved genuineness of purchases by submitting various details/ documents. Accordingly, appeal of the revenue dismissed.

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