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Archive: 07 July 2025

Posts in 07 July 2025

Companies (CSR Policy) Amendment Rules, 2025

July 7, 2025 69660 Views 3 comments Print

MCA updates CSR-1 rules effective July 14, 2025, tightening norms for CSR agencies. CA/CS/CMA certification and stricter eligibility now mandatory.

Bail Considerations Under GST at Various Investigation Stages

July 7, 2025 762 Views 0 comment Print

Delhi High Court dismisses DGGI’s plea to recall Rakesh Goyal’s bail in a GST fraud case, citing chargesheet filing as a change in circumstances.

Unutilized ITC Refund on Business Closure – Is It Permissible Under GST?

July 7, 2025 11442 Views 0 comment Print

Sikkim High Court permits refund of unutilized ITC on business closure under GST. Decision raises questions on statutory limits and potential disputes.

ITAT Quashes Final Assessment Order Passed Beyond Section 144C(13) Limitation

July 7, 2025 1353 Views 0 comment Print

Delhi ITAT voids Rolls Royce India’s assessment order for AY 2017-18, citing the AO’s failure to adhere to the Section 144C(13) time limit for passing the final order.

Special Window for Re-lodgement of Transfer of Physical Shares till January 06, 2026

July 7, 2025 2568 Views 0 comment Print

SEBI opens a special window from July 7, 2025, to January 6, 2026, for investors to re-lodge rejected physical share transfer deeds for demat conversion.

Listed Entity Board Meeting Compliance & Procedures

July 7, 2025 5625 Views 0 comment Print

Understand the regulatory requirements and practical steps for board meetings in India, including scheduling, documentation, intimation, and post-meeting compliances.

What does section 185 of the Companies Act 2013 says?

July 7, 2025 1971 Views 1 comment Print

Section 185 of Companies Act, 2013 goes beyond just regulating loans to directors—it encompasses a broader spectrum of transactions involving individuals and entities connected to them.

Loose Papers / dumb documents Lack Corroboration: ITAT Quashes Addition

July 7, 2025 1695 Views 0 comment Print

Delhi ITAT deletes income tax additions based on loose papers, citing lack of corroborative evidence and AO’s failure to conduct independent inquiries, emphasizing dumb documents are not sufficient for additions.

SEBI Consultation Paper on AMC Business Activities Under Regulation 24

July 7, 2025 1260 Views 0 comment Print

SEBI releases consultation paper to review rules for Asset Management Companies (AMCs), proposing to relax broad-basing requirements and expand permissible business activities.

IBBI suspends IP for Non-Disclosure in CIRP Case

July 7, 2025 594 Views 0 comment Print

IBBI Disciplinary Committee sanctions Insolvency Professional Surya Kanta Satapathy for failing to disclose conflict of interest in a CIRP resolution plan.

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