CESTAT Mumbai reduces personal penalty on Yusuf Dhanani from ₹5 Lakhs to ₹2 Lakhs, citing voluntary offer and revised duty assessment in old customs case.
Delhi High Court held that income alleged to have escaped assessment for different previous years cannot be clubbed together for satisfying condition prescribed u/s. 149(1)(b) of the Income Tax Act (i.e. threshold amount of ₹50 lakhs).
Understand private placement for Indian private/unlisted public companies under the Companies Act, 2013. Learn rules on identified persons, offer process, payment, allotment, and filing.
Guwahati High Court held that benefit of section 10(26) of the Income Tax Act admissible to member of recognized schedule tribe community and hence income tax deducted from the salary is liable to be refunded. Thus, writ of revenue held as devoid of merits.
Summary of the Competition Commission of India (Determination of Cost of Production) Regulations, 2025. Details key changes, definitions, and framework for assessing predatory pricing costs.
ITAT Panaji sets aside CIT(A)’s ex-parte order, remands case of Grameena Seva Sahakari to allow fresh hearing on Section 80P deduction denial.
Delhi High Court held that issue relating to GST evasion has to be adjudicated in accordance with law and until pending adjudication petitioner’s business cannot be prejudiced by complete attachment of bank accounts.
Professionals request an amnesty scheme for partnership firms in Maharashtra to regularize past lapses and ease compliance with Registrar of Firms requirements.
ICAI proposes changes to GST Forms GSTR-9 and GSTR-9C for better clarity, reporting, ITC reconciliation, and addressing compliance issues.
Guide to company name reservation in India: process, rules, validity periods, application forms, fees, and options for extending name approval.
