An amendment to GST rules clarifies that traders under the composition scheme pay tax only on taxable supplies, not exempt supplies, easing burden on those with mixed sales.
India’s Consumer Affairs Ministry receives report proposing a Repairability Index for smartphones and tablets to inform consumers and improve repair access.
ITAT Ahmedabad held that addition under section 69A of the Income Tax Act not sustained since three key ingredients i.e. identity, genuineness and creditworthiness of parties being proved. Accordingly, appeal of assessee allowed.
CESTAT Delhi rules incentives to advertising agency from media houses for targets are not taxable under Section 66E(e) as no obligation exists.
ROC Hyderabad imposes penalty on BI Mining Private Limited and directors for non-disclosure of related party transactions in Board’s Report under Companies Act, 2013.
Registrar of Companies penalizes BI Mining for violating Companies Act Section 134(3)(g) by failing to disclose investments. Details on penalty and appeal.
Election Commission of India developing ECINET, a single platform to merge over 40 existing apps for electors, officials, and stakeholders, enhancing digital services.
Hyderabad ROC penalizes BGR Mining & Infra Limited and its officers for violating Section 134(3)(h) of the Companies Act concerning related party transaction disclosures in FY 2016-19.
GST Form GSTR-7 updated for invoice-wise TDS reporting from April 2025. Portal functionality development underway for upcoming deployment.
BGR Mining & Infra Ltd. penalized for violations of Sections 134(3)(e) & 178(1) of the Companies Act, 2013. Penalties total Rs. 18 lakh for FY 2016-19.
