The comparison shows how large-scale frauds go undetected for years while professionals face immediate coercive action. Courts have clarified that arrest requires clear evidence of control and benefit, not mere association with compliance work.
The Institute has proposed syllabus changes to align with modern industry, regulatory, and technological needs. Stakeholders are invited to share inputs to shape a more practical and skill-based curriculum.
The law prohibits all real-money online games regardless of skill, marking a major shift from earlier legal precedents and reshaping the gaming industry landscape.
The issue involved expanding customs-notified locations to improve trade logistics. The amendment adds Hirnoda as an authorized point, boosting regional trade efficiency.
This instruction tackles delays in rebate disbursal by enforcing a strict three-day processing timeline. The key takeaway is that authorities must ensure faster credit to prevent exporter hardship.
This explains why operating a payment system without RBI approval is prohibited under law. The framework ensures only compliant and vetted entities can handle financial transactions, safeguarding systemic integrity.
The constitutional validity of Section 232B and the proviso to Section 180(2) of the Kolkata Municipal Corporation Act, 1980 was upheld while setting aside specific retrospective tax notices issued by the Kolkata Municipal Corporation(KMC) to a property owner as they neither suffer from manifest arbitrariness nor violate Articles 14, 19 or 300A.
Paragraph 27AA of the Employees’ Provident Fund (EPF) Scheme could not be automatically imposed on establishments exempted under Section 17 of the EPF Act unless the Appropriate Government issued a specific official notification modifying the conditions of such exemption.
Extended period of limitation could not be invoked in the absence of fraud, suppression or wilful misstatement with intent to evade tax and accordingly, set aside the entire demand as time barred.
The ruling held that concessional GST rate applies only if bags qualify as biodegradable under the notification. It clarified that authorities cannot determine biodegradability and classification depends on material.
