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CENVAT Credit Disallowance: CESTAT Mumbai Directs Re-adjudication

December 9, 2023 657 Views 0 comment Print

Read the full CESTAT Mumbai order on Hindustan Coca-Cola Beverages’ restoration claim disallowance. Detailed analysis of CENVAT credit issues and re-adjudication directive.

Kerala HC stays Recovery Proceedings till disposal of Stay Application or Appeal

December 9, 2023 927 Views 0 comment Print

Read the full text of Kerala High Court’s judgment in Kunnappilly Builders LL.P Vs ACIT, directing a stay on income tax recovery proceedings until the appeal is disposed of.

Delhi HC Directs Reconsideration of Income Tax Compounding Application

December 9, 2023 558 Views 0 comment Print

Delhi High Court rejects compounding application due to incomplete bank statements. Learn about Sanjiv Gupta’s case under IT Act Sections 276C(1), 276D, and 277. Detailed judgment analysis included.

IBBI cancel registration of IP for repeated contraventions, unresponsiveness & continuous absence

December 8, 2023 1026 Views 0 comment Print

Explore the detailed analysis of the Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee’s order suspending Mr. Manish Gupta, a registered Insolvency Professional.

RBI kept policy repo rate under LAF unchanged at 6.50 per cent

December 8, 2023 900 Views 0 comment Print

Reserve Bank of India Monetary Policy Statement, 2023-24 Resolution of the Monetary Policy Committee (MPC) December 6 to 8, 2023 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 8, 2023) decided to: Keep the policy repo rate under the liquidity […]

Hinges (Quality Control) Order, 2023

December 8, 2023 2064 Views 0 comment Print

Explore the Hinges (Quality Control) Order 2023 by the Ministry of Commerce and Industry. Learn about standards, enforcement, and implications for manufacturers.

Safe Deposit Locker Cabinets and key locks (Quality Control) Order, 2023

December 8, 2023 1569 Views 0 comment Print

Explore the Safes, Safe Deposit Locker Cabinets, and Key Locks Quality Control Order 2023 by the Ministry of Commerce and Industry. Learn about standards, certification, and enforcement.

Government Grants Aadhaar Authentication Permission to 7 Reporting Entities

December 8, 2023 2586 Views 0 comment Print

Read the latest Ministry of Finance notification granting Aadhaar authentication permission to reporting entities under the Money-laundering Act. Ensure compliance with privacy and security standards.

Deficiencies do not render initial application non est if filed with required documents

December 8, 2023 1452 Views 0 comment Print

Explore the Punjab and Haryana High Court’s judgment in Global Health Ltd vs. Union of India on refund rejection grounds. Analysis, implications, and legal insights.

Books of Account cannot be rejected for mere Inadvertent Error in TAR

December 8, 2023 1614 Views 0 comment Print

ITAT Mumbai order on ITO vs. Sambhav Shelter, where books of account withstand scrutiny despite an inadvertent mistake in the tax audit report. Full analysis and conclusions revealed.

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