Bombay HC disposes of Sai Service case after CBIC clarifies input tax credit eligibility for demo vehicles via a circular issued on 10.09.2024.
Burden of proving undervaluation lies with the customs authorities, and an importer’s acceptance of valuation does not, by itself, constitute valid evidence.
Bombay HC condones delay in electronic filing of Form 10B for Borivli Education Society, ruling that manual submission within time was substantial compliance.
SEBI increases advance fee limit for Investment Advisers and Research Analysts to one year for specific clients, effective immediately.
IFSCA announces the fee structure for Payment System Operators in IFSC, including application, authorization, and annual fees. Effective from April 2, 2025.
GST registration in Assam now requires biometric Aadhaar authentication and document verification at GST Suvidha Kendras for selected applicants.
Bombay High Court held that reopening the assessment after four years requires a clear failure on the part of the assessee to disclose material facts,
Delhi High Court upholds ITAT’s decision in ITO vs. DG Housing Projects Ltd, dismissing Revenue’s appeal on assessment year 2004-05 under Section 263 of IT Act.
An analysis of SEBI’s 2011 takeover regulations, their role in protecting minority shareholders, preventing hostile takeovers, and ensuring market transparency.
SEBI provides interpretive guidance on Takeover Regulations, exempting share acquisition via amalgamation from open offer obligations.
