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.
Karnataka High Court sets aside Sec 154 rectification, remands Sec 54 exemption claim for fresh review; validity of Sec 154 left open, assessee to appear before AO without notice.
Commerce Ministry reforms DGFT Norms Committees to improve disposal of Advance Authorisation applications and strengthen export facilitation processes.
Key mistakes taxpayers should avoid when choosing between old and new tax regimes for FY 2026-27, including deductions, deadlines, and compliance.
Overview of the Constitution (106th Amendment) Act, 2023 covering women’s reservation in Parliament and Assemblies, its scope, timeline, and conditions.
