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Archive: 21 May 2025

Posts in 21 May 2025

Madras HC allows Two Weeks to Respond to Overlapping Income Tax SCNs

May 21, 2025 549 Views 0 comment Print

Madras High Court grants GI.Retail Pvt. Ltd. two weeks to respond to a show-cause notice and orders personal hearing due to confusion over overlapping notices.

CCI Frequently asked Questions on Combinations

May 21, 2025 2826 Views 0 comment Print

M&As must be notified to CCI only if they meet specific thresholds under Section 5 of the Competition Act, 2002. Details on combinations and exemptions.

A Research Study on Behavioral Impact of IBC

May 21, 2025 852 Views 0 comment Print

Study on NeSL, IBBI data reveals reduced loan overdues, faster transitions, and behavioral changes in firms and banks post-IBC in India.

RTI Delay in Travel Guidelines Case: IBBI CPIO directed top adhere to timelines

May 21, 2025 588 Views 0 comment Print

The Insolvency and Bankruptcy Board of India’s First Appellate Authority addressed an RTI appeal regarding delayed provision of travel allowance guidelines, urging adherence to timelines.

CCI Releases Diagnostic Toolkit Towards Completive Tenders

May 21, 2025 528 Views 0 comment Print

SEO Meta Description: Learn about the importance of competition in public procurement, common anti-competitive practices like bid-rigging, warning signs for detection, and the role of the Competition Commission of India in enforcement and advocacy.

GST Pre-Deposit Via Credit Ledger allowed: SC Upholds Gujarat HC Ruling

May 21, 2025 3273 Views 0 comment Print

Supreme Court affirms Gujarat High Court decision allowing GST appeal pre-deposit using Electronic Credit Ledger, rejecting Revenue’s challenge.

Gujarat HC Upholds Pre-Deposit Payment via Electronic Credit Ledger

May 21, 2025 1323 Views 0 comment Print

Supreme Court upholds Gujarat High Court ruling, allowing GST appeal pre-deposits via Electronic Credit Ledger, providing relief for taxpayers.

RBI Notifies North East SFB Name Change to slice Small Finance Bank

May 21, 2025 1437 Views 0 comment Print

RBI announces the official name change of “North East Small Finance Bank Limited” to “slice Small Finance Bank Limited” as of May 14, 2025.

SEBI Cautions Investors: Social Media Stock Scams

May 21, 2025 585 Views 0 comment Print

SEBI warns investors about stock market scams on social media. Unsolicited invitations, fake profiles, and false promises of returns are used to deceive. Verify SEBI registered intermediaries before investing.

No Interest Under Section 234B for Retrospective Tax Amendments

May 21, 2025 1128 Views 0 comment Print

Mumbai ITAT rules interest under Section 234B cannot be levied for advance tax shortfalls due to retrospective amendments in transfer pricing regulations.

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