Pension funds must provide detailed disclosures, reports, and grievance redressal systems. Subscribers gain access to transparent information and accountability. The ruling prioritizes investor rights and awareness.
The audit found widespread incorrect claims of deductions for bad debts and reserves. It highlights the need for stricter verification and compliance mechanisms to prevent revenue loss.
Calcutta High Court held that reasonable belief of smuggling based on clandestine conduct and scientific purity of metal is justifiable. Accordingly, absolute confiscation of gold upheld as reasonable belief for seizure u/s. 123 duly established.
The case highlights how expanded benami provisions expose informal family arrangements to confiscation and penalties. Courts stress strict compliance and genuine ownership proof to avoid adverse action.
The Court examined the hostage-taking of judicial officers and held it reflected a complete breakdown of law and order. It ordered a probe and emphasized accountability of state authorities for failing to ensure their safety.
The policy limits AI to administrative and research roles while prohibiting its use in judgments or legal reasoning. It reinforces that judges must retain full responsibility for decisions to preserve fairness and constitutional values.
Increased wage obligations and social security coverage lead to reduced profitability and valuation adjustments. Buyers are required to reassess financials and negotiate safeguards like indemnities and escrows.
This update highlights crucial compliance deadlines across GST, Income Tax, FEMA, and SEBI laws. It underscores that timely filings are essential to avoid penalties, ensuring businesses remain legally compliant and operationally secure.
Wood Pellet Export Shifted from Prohibited to Restricted Due to Policy Amendment & Wood Briquette Exports Restricted Despite Earlier Free Status: DGFT Amendment
The issue involved treating cash deposits as unexplained despite being part of recorded sales. The Tribunal held that taxing the same income again results in impermissible double taxation.
