The Court examined allegations of fraudulent ITC claims and found that the petitioner’s actions were bona fide. It held that no offence was established and granted anticipatory bail with conditions.
The court held that seizure and prohibition orders cannot continue without a confiscation proposal. The absence of such proceedings led to quashing of the orders.
The Court examined a challenge to an assessment order involving ITC reversal and interest liability. It held that failure to exercise statutory options for reduced penalty justified dismissal of the writ.
Inspections revealed absence of Principal and Compliance Officers and inadequate infrastructure. IFSCA initiated regulatory action to enforce strict compliance.
Supreme Court held that section 60(4) of the Social Security Code, 2020 putting an age limit of three months on the age of the adoptive child, for the adoptive mothers to avail maternity benefit is violative of Articles 14, and 21 of the Constitution respectively. Accordingly, the petition stands allowed.
The issue concerns changes in SION norms for a specific export product. The DGFT revised product description and input quantities to improve accuracy and compliance.
SEBI consolidates all mutual fund guidelines into a single master circular aligned with the 2026 Regulations. It replaces earlier circulars while ensuring continuity of past actions and compliance obligations.
The issue concerns approval of an institution for tax deduction eligibility. The notification grants recognition subject to compliance, enabling donors to claim benefits under Section 35.
The government has approved a university under Section 35(1)(ii), enabling donors to claim tax deductions for research contributions. Compliance with reporting and certification requirements is mandatory.
CBIC appoints a common adjudicating authority to handle multiple show cause notices across jurisdictions. The move ensures uniform decisions and streamlined adjudication.
