IBBI issues disciplinary order against Subhash Chand Agrawal for alleged non-compliance during CIRP of two companies. Key findings and decisions detailed.
Notification No. 12/2025-Customs revises tariff values for crude palm oil, gold, silver, and more under the Customs Act, effective March 1, 2025.
CBIC clarifies that AIR duty drawback should not be denied based on non-duty paid inputs. Field formations must follow Circular No. 19/2005 strictly.
Details of Judicial and Technical Members assigned to NCLT benches across India as per the latest order issued by the Ministry of Corporate Affairs.
ITAT Mumbai allows compensation for contract breach as business expense, dismisses revenue’s appeal on advance additions in Logical Properties case.
CESTAT Delhi overturns ₹10 lakh penalty under Rule 26(1), citing the absence of confiscation, a key requirement for imposing penalties under the Excise Rules.
ITAT Ahmedabad remands case due to incorrect notice delivery, allowing reassessment of unexplained deposits and income under natural justice principles.
DGFT addresses issues in Advance Authorisation closure due to space constraints in shipping bills. Exporters can submit self-attested GST e-invoices for compliance.
ITAT Chennai remands case for fresh assessment, allowing Ramesh Sreenivasalu to submit documents on demonetization cash deposits. Assessee fined Rs. 20,000.
NSE updates API-based single filing system for listed entities. Integrated filing (Governance) to be effective from March 1, 2025. Avoid multiple filings.
