The article highlights the need for integrated travel and health insurance to manage both medical emergencies and trip disruptions abroad. It explains how combined coverage simplifies claims and support.
The Tribunal held that additions based on presumptions without evidence cannot be sustained fully. It reduced the addition on unexplained cash deposits from 10% to 5%, granting relief to the assessee.
The Court ruled that inability to understand a judicial order cannot justify prolonged delay in filing a petition. It reinforces that litigants must act within a reasonable time and provide valid explanations.
The amendment allows financial creditors to directly initiate insolvency with prior approvals, reducing delays. It ensures faster resolution and greater creditor control in insolvency proceedings.
The government has notified Panoli in Gujarat as a customs area for import and export operations. The amendment expands logistics capabilities and strengthens regional trade infrastructure under the Customs Act, 1962.
The study found that most MSME insolvency cases are resolved before admission, highlighting gaps in data and process efficiency. It recommends reforms to improve transparency, recovery, and early settlements.
ROC imposed penalty due to non-conduct of mandatory board meetings during FY 2019–20. The ruling confirms strict compliance requirements under Section 173 of the Companies Act.
The Tribunal held that exemption cannot be denied merely because the purchase agreement was unregistered. Substantial payment and possession were considered sufficient for claiming relief.
Courts held that exemption cannot be denied merely due to lack of registration if possession and substantial payment are proven. The ruling emphasizes substance over procedural formalities.
The Tribunal held that where registration is delayed, the stamp duty value on the agreement date must be considered. The ruling applies the beneficial proviso to Section 50C retrospectively.
