Explains how commission-driven incentives in banks lead to mis-selling of financial products. Highlights the need for structural reforms to align sales practices with customer interests.
The Tribunal set aside the appellate order as the assessee sought another chance to prove the genuineness of expenses. It directed fresh assessment after proper opportunity of hearing.
The Authority examined whether importers can claim duty exemption without linking input specifications to export goods. It ruled that such correlation is not required for non-sensitive inputs, but exemption is conditional upon strict compliance with DFIA licence terms, including value caps and usage restrictions.
The authority refused to entertain the application as the classification of provisionally preserved areca nuts was already decided by the High Court. It held that settled judicial precedent bars fresh rulings on identical issues.
Failure to mention DIN in signed financial statements was held to violate Section 158. The authority imposed penalties while limiting liability to responsible officers.
Failure to disclose DIN in signed financial statements was held to violate Section 158. The ROC imposed penalties while limiting liability to responsible officers only.
Failure to mention DIN in signed financial statements was treated as a violation of Section 158. The ROC imposed penalties while restricting liability to responsible officers.
Authorities held that omission of Directors’ Identification Numbers in financial statements violates statutory requirements under company law. The case highlights that even procedural lapses attract penalties regardless of intent.
Authorities held that filing financial statements without directors’ signatures violates mandatory provisions under Section 134. The ruling confirms that such procedural lapses attract penalties even if admitted by the company.
The authority penalized a company for filing financial statements without mandatory director signatures. The ruling reinforces strict compliance requirements under statutory filing provisions.
