ITAT Delhi held that loose sheets picked u/s 132, falls within definition of ‘document’ mentioned in section 132(4) and therefore, it has got evidentiary value. Thus, addition on the basis of loose sheets found during course of search is sustainable.
ITAT Mumbai held that once the assessee is dead no valid assessment or reassessment can be made in the name of the deceased. Thus, notice issued u/s. 148 upon the deceased assessee who expired prior to issuance of notice is invalid.
The Petitioner, through this Writ Petition challenges the actions of the Opposite Parties in depriving the Petitioner of access to his Invest Right app and Demat Account, linked to HDFC Bank Savings Account.
The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any question of priorities or any question of law or facts arising out of or in relation to the insolvency resolution of the Corporate Debtor.
IBBI dismisses multiple RTI appeals citing misuse of the RTI Act through repetitive filings. The order emphasizes responsible use and adherence to statutory timelines.
India amends export policy, allowing free export of broken rice under HS code 1006 40 00. The restriction is lifted with immediate effect.
India amends Notification No. 64/2023-Customs, extending its validity from February 28 to May 31, 2025. The change is effective immediately.
India revises customs duties on lentils and other imports, effective March 8, 2025, under Notification No. 16/2025-Customs. Changes impact multiple trade policies.
India imposes anti-dumping duty on Trichloro Isocyanuric Acid imports from China and Japan to protect domestic industry. Levy applicable for five years.
Understand SEBI Merchant Bankers Regulations 1992, including categories, roles, obligations, compliance, and key provisions governing merchant banking in India.
