The process of striking off a private limited company refers to the removal of a company’s name from the Register of Companies (ROC), thereby ceasing its legal existence. This can either be initiated voluntarily by the company or by the Registrar of Companies (ROC) under specified circumstances. Regulatory Provisions The provisions governing the strike-off of […]
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IFSCA forms Standing Committee on Insurance to enhance GIFT-IFSC’s insurance ecosystem. Focuses on regulation, stakeholder engagement, and global competitiveness.
ITAT Chennai restored the matter back to the file of AO since CIT(A) failed to consider the additional evidence which was sought by AO. Accordingly, matter restored back to the files of AO for fresh adjudication.
ITAT Jaipur held that since there is neither error of law nor of facts, the twin condition as required to revise the assessment order is not met out and hence invocation of revisionary power under section 263 of the Income Tax Act is not sustainable in law.
Key updates on Income Tax, GST, Customs, and more, including tax data sharing, high-risk e-verification, and recent judicial rulings.
IBBI mandates Baanknet for asset auctions during liquidation from April 2025. Prospective bidders must submit documents and EMD via the platform.
