Madras High Court sets aside Section 74 GST proceedings due to mechanical approach, remanding the case under Section 73 after taxpayer furnished CA certificate.
Allahabad High Court held that filing of Form 10-IC prior to filing of return is not mandatory and if “genuine hardship” is shown then delay may be condoned. Accordingly, delay in filing Form 10-IC condoned and order quashed.
Learn all about Form DPT-3 under the Companies Act, 2013 – applicability, due date, exemptions, penalties for non-filing, and step-by-step filing procedure. Ensure timely compliance and avoid penalties.
Bombay High Court held that offences under the Bharatiya Nyaya Sanhita, 2023 [BNS] can be recognized as scheduled offences under the Prevention of Money Laundering Act, 2002 [PMLA] without a specific amendment of the PMLA Schedule.
The Allahabad High Court ruled that misclassification of goods alone does not warrant a Section 129 penalty under U.P. GST Act, requiring refund of any deposited penalty.
Understand RERA compliance requirements for real estate developers, the importance of expert professionals, and risks of non-compliance, including legal liabilities and allottee disputes.
Article aim to explore what sets neo banks apart and why our current legal framework must evolve if India wants to embrace financial innovation without compromising consumer safety.
Learn about the RBI’s annual FLA Return, its applicability for entities with FDI/ODI, filing procedures, required documents, and penalties for non-compliance under FEMA.
NCLAT Delhi held that no new claims including statutory dues can be allowed post approval of resolution plan. Accordingly, the belated claim of GST department rightly dismissed by the adjudicating authority.
Notices issued to a taxpayer on the ground that the Income Tax Department failed to issue them in compliance with the mandatory faceless assessment procedure, thus disregarding binding judicial precedents that have adjudicated on the matter was invalid.
