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Archive: 08 July 2025

Posts in 08 July 2025

Procedure for Converting OPC to Private Limited Company

July 8, 2025 3246 Views 6 comments Print

Understand the process of converting a One Person Company (OPC) to a Private Limited Company, including legal requirements, documentation, and ROC filings.

Want to Start Import-Export? Here’s What Most People Don’t Realize at First

July 8, 2025 1134 Views 0 comment Print

Learn the critical legal steps for starting an export business in India, including IEC code, ICEGATE registration, and other necessary licenses for smooth operations.

New SIONs for Chemical Exports Notified by DGFT

July 8, 2025 549 Views 0 comment Print

DGFT Public Notice 14/2025-26 details new Standard Input Output Norms (SIONs A-3687, A-3688, A-3689) for chemical and allied products like Azithromycin and Ceftazidime.

IRDAI Releases 2nd List of Surveyor Exam Trainees

July 8, 2025 738 Views 0 comment Print

IRDAI issues second list of eligible trainee surveyors for the September 2025 pre-licensing exam. Discrepancy emails accepted until 10 July 2025.

FATF Updates High-Risk, Monitored Jurisdictions

July 8, 2025 915 Views 0 comment Print

FATF’s June 2025 update lists high-risk nations (DPRK, Iran, Myanmar) for countermeasures and identifies jurisdictions under increased monitoring for AML/CFT deficiencies.

वसीयत से विरासत तक  – एक समझदार परिवार की कहानी

July 8, 2025 5808 Views 0 comment Print

सेठ जगदीश की अधूरी वसीयत संपत्ति, सोना और व्यापार विवाद को जन्म देती है। देखें कि कैसे एक बुद्धिमान परिवार चुनौतियों का सामना करता है, रिश्तों को प्राथमिकता देता है और एकता पाता है।

ITAT Chennai Quashes Time-Barred Reassessment Citing SC’s Rajeev Bansal Ruling

July 8, 2025 6834 Views 1 comment Print

ITAT Chennai holds reassessment notice under Section 148 for AY 2013–14 as time-barred, relying on Supreme Court’s ruling in Rajeev Bansal and other precedents.

Deptt. remanded case back as tax payer was unable to opt for hearing due to portal glitch

July 8, 2025 315 Views 0 comment Print

Court had conditionally remanded an income tax assessment order after the petitioner was unable to opt for a personal hearing due to a technical glitch in the e-filing portal. Denial of a hearing due to system failure constituted a violation of the principles of natural justice.

Prosecution u/s. 276C(1) cannot be continued as penalty proceedings u/s. 276C(1) already terminated

July 8, 2025 654 Views 0 comment Print

Madras High Court held that prosecution initiated for the offence punishable under Section 276C(1) of the Act cannot be continued, in the light of the penalty proceedings initiated under Section 276C(1) of the Act have been already terminated by the Appellate Tribunal.

Accused entitled to acquittal as financial capacity of complainant not proved

July 8, 2025 717 Views 0 comment Print

Himachal Pradesh High Court held that complainant failed to prove his financial capability and hence the accused is entitled to acquittal. Accordingly, order of Trial Court upheld and petition is dismissed.

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