The government has amended customs infrastructure rules by deleting a specific entry for Tamil Nadu. The update signals continued rationalisation of notified customs locations.
The notification includes 167 new tariff lines under Chapter 72 for interest subvention benefits, but restricts eligibility exclusively to Micro and Small Enterprises.
Karnataka High Court sets aside ₹45 lakh Sec 69 addition, remands to ITAT to consider fresh evidence on property transaction and refund; holds explanation must be examined even at later stage.
The issue concerns enhanced cyber security norms for critical financial institutions. The takeaway is mandatory compliance with a detailed framework to strengthen resilience and protect market integrity.
The issue was whether exporters took reasonable steps to realise overseas payments. The Tribunal held that lack of documentary proof and recovery action justified penalties under FEMA.
CBIC updated the list of food import entry points and authorised officers. The instruction adds five new locations and directs implementation of revised FSSAI-linked procedures.
The issue involved recall of orders passed after the respondent failed to attend hearings. The Tribunal ruled that continued absence despite ample chances showed negligence, and recall relief could not be granted.
Karnataka High Court flags catch-22 in TDS prosecution of ex-MD post-liquidation; directs Official Liquidator to act on representation, grants interim protection, remedy lies under Sec 260A.
Karnataka High Court quashes Sec 148A(d), Sec 148 notice and ex-parte assessment due to non-receipt of Sec 148A(b) notice; remands for fresh reply, keeps all issues open.
The High Court ordered rescheduling of bar elections after authorities failed to implement the Supreme Court’s 30% reservation for women. The ruling reinforces that constitutional directives under Article 142 are binding and cannot be ignored.
