Instruction No. 118 mandates weekly Jan-Sunwai sessions via VC for SEZ grievance redressal, ensuring timely resolutions and monthly compliance reporting.
The Income Tax Department (ITD) is upgrading the existing PAN card systems in India through a new e-governance project called PAN 2.0. This initiative will improve the taxpayer experience by integrating all PAN-related services on a single portal.
Since reasons recorded by AO to form prima facie conclusion that there was likelihood of any gain on account of revenue expenses incurred by assessee was also without any basis in the absence of any fresh tangible material available with the respondent AO as the fact remained that assessee had unrealized gain and unrealized loss which was not claimed and duly reflected in the computation income as assessee had claimed only bank charges expenditure for hedging of foreign currency.
The Competition Commission of India seeks public feedback on the draft Cost of Production Regulations 2025, replacing the 2009 rules to align with evolving competition laws.
Article contains detailed compliance checklist for private limited companies, including annual, event-based, and specific statutory register requirements.
IBBI suspends Vijay Kumar Garg for one year over irregularities in Lanco Vidarbha liquidation, citing mismanagement in asset disposal and auction process.
IBBI penalizes insolvency professional S. Muthuraju for negligence in handling EPFO claims during liquidation. Read the full disciplinary order and findings.
ITAT Bangalore sets aside CIT(A) order in Section 54 exemption case due to lack of documents. The case is remanded for fresh review.
Explore the Finance Bill 2025 highlights, including revised tax rates, TDS/TCS amendments, ULIP taxation, and updated rules for salary, house property, and tax returns.
Punjab & Haryana HC disposes of petitions challenging GST Sec 174(2), awaiting SC verdict in T.S. Belaraman case. Interim relief continues until final decision.
