TRAI issues advisory on scams misusing its name like digital arrest, SIM deactivation, and fake tower offers. Public urged to stay alert and report frauds.
ITAT Pune held that dismissal of appeal by CIT(A) on account of non-prosecution without deciding the appeal of merit is not justifiable. Accordingly, order of CIT(A) is set-aside to CIT(A) for denovo adjudication.
CBI acts on SC orders, registers 22 cases against NCR builders and financial officials over homebuyer fraud. Raids conducted at 47 premises across NCR.
The Gujarat High Court will review a tax demand of ₹1.28 crore from Eris Lifesciences, challenging the reversal of Input Tax Credit on expired drugs.
India calls US tariffs on Russian oil imports unfair and unjustified, defends its energy policy, and vows to take steps to safeguard national interests.
ITAT Pune held that extrapolation cannot be made on account of receipt of on-money for sale of shops in respect of which no evidence was found during the course of search. Accordingly, appeal partly allowed.
High Court grants bail to two accused of ₹107 crore GST fraud, criticizing DGGI for procedural delays and prolonged trials. This ruling emphasizes the right to a speedy trial.
A guide to RBI’s Scale Based Regulations for NBFCs, detailing different layers of compliance and key reporting portals like PRAVAAH, DAKSH, CIMS, CERSAI, and CKYC.
ITAT Pune held that addition towards unexplained cash deposits partly allowed considering the nature of business. However, since full details were not furnished, part addition towards unexplained cash deposits was upheld. Accordingly, appeal partly allowed.
Corporate governance litigation is increasing due to enhanced surveillance, activism, and digital traceability. This article examines the risks for directors and mitigation strategies.
