CBDT authorizes income tax data sharing with Maharashtra for “Mukhyamantri Mazi Ladki Bahin Yojana” beneficiary identification, outlining the data exchange mechanism and MoU requirements.
RBI introduces unified directions for lending against gold and silver collateral, effective April 1, 2026, standardizing norms for banks and NBFCs, and enhancing borrower protection.
India’s Ministry of Finance imposes anti-dumping duty on Vitamin-A Palmitate imports from China, EU, and Switzerland for five years, effective June 6, 2025, to counter dumping and protect domestic industry.
India’s Ministry of Finance imposes anti-dumping duty on Insoluble Sulphur imports from China PR and Japan to address dumping and protect domestic industry.
Punjab and Haryana High Court held that bail petition is the money laundering matter allowed due to long period of incarceration running for more than 01 year and trial having not been commenced before the trial Court.
ICAI establishes new branches in Khammam and Nizamabad, Telangana, effective May 27, 2025. Hosapete is detached from the Ballari branch jurisdiction.
Delhi High Court held that non-filing of reply as GST SCN uploaded on ‘Additional Notices Tab’ justifiable. Accordingly, matter remanded back to Adjudicating Authority and time granted for filing reply.
Waters India Pvt. Ltd., based in Bengaluru, had entered into technical and marketing support agreements with its Austrian counterpart, under which it carried out product promotion, market surveys, and technical support in India.
On verification of various documents, CIT(E) noted that in the trust deed it has been categorically mentioned that the trust is a private trust and is set up to impart religious education to a particular caste who accept the principle of Varnashrama Dharma.
Updated forms include those for auditor appointment and resignation (ADT-1, ADT-2, ADT-3, and ADT-4), cost audit reports (CRA-2, CRA-4), general applications (GNL-1), and annual returns (MGT-7/7A).
