Present matter involves Nowheira Shaik who is executive Chairperson and Founder of the Heera Group. He is accused to have been involved in cheating various investors. Accordingly, to refund the investors ED had attached 96 properties.
Mere presence of carbon dioxide or carbonated water cannot be treated to classify the subject items under water or carbonated water. Therefore, the classification sought to be made by the Revenue cannot be accepted.
RBI releases updated Master Circular for UCBs, consolidating exposure norms and restrictions as of March 2025. No new policies introduced.
RBI releases updated Master Circular for UCBs, consolidating housing finance guidelines as of March 2025. No new policies are introduced.
RBI releases new Master Direction on deposit interest rates for all Indian banks, consolidating previous directives for clarity. Effective April 2025.
Delhi High Court held that passing of three contradictory orders by CESTAT in the same appeal is not justifiable. However, appeal of department before CESTAT dismissed as the amount involved was below monetary limit.
During the course of a survey, it was seen that the assessee had defaulted in deducting tax at source on interest paid to AGE Patel Joint Venture (JV) in Financial Year (FY) 2016-17 on Mobilisation advance and Machinery advance.
BSE mandates Integrated Filing-Governance submission in XBRL format for listed entities from March 2025. Key updates on compliance and reporting changes.
Delhi High Court quashed orders due to inordinate delay of more than 11 years in finalizing adjudication proceeding. Held that matters having financial liabilities or penal consequences cannot be kept unresolved for years.
The petitioner raised bills on respondent No.4 based on the works executed from time to time, TDS @ 2% on the total value of the bills were recovered by respondent No.4 for the value of works executed in the State of Telangana and Maharashtra.
