Delhi High Court held that the allegations against the petitioners are based on telephonic conversations, vague statements, and uncorroborated allegations which are insufficient to establish a criminal conspiracy or wrongful conduct.
Calcutta High Court held that seizure of jewellery is valid since legitimacy of jewellery not substantiated; discrepancies are found in documentation and weight and there was reasonable belief of potential wrongdoing.
CBIC issues fresh GST registration instructions to prevent delays, ensure fair documentation, and streamline approval with defined officer responsibilities.
NCLAT Delhi held that financial creditor entitled to file an application under section 7 of the Insolvency and Bankruptcy Code even after breach of settlement agreement since nature of debt doesn’t change. Thus, order admitting section 7 application sustained.
Explore how BNSS 2023 changes police investigations, arrests, forensic use, and victims’ rights, shifting India’s policing towards accountability and efficiency.
Understand Net Owned Funds (NOF) as per RBI norms, its calculation, key deductions, and compliance for NBFC registration and operation under the RBI Act.
Taxpayer representation on critical GST issues: departmental remedies, transit penalties, notice scope, ITC, supplier defaults. Reforms for ease of business.
Sample reply letter to GST SPL-03 notice under Amnesty Scheme (Sec 128A) for cases where DRC-03 payment or appeal was already made by the taxpayer.
As already held by us, Section 3 (12) of the Tariff Act, as amended, is applicable only after 16th August,2024 and is not applicable to the present case. Accordingly, in the present case, no confiscation could have been imposed.
Compare the old and new tax regimes, rates, exemptions, deductions, and more for FY 2025-26. Choose the best option based on your financial situation.
