Madras High Courts ruling on ASR International vs Deputy Commissioner of Customs, regarding re-exportation of Link Samahan without payment of import duties.
GVK Jaipur Expressway Ltd fined for breaching Section 179(3) of the Companies Act, 2013 by granting a loan without timely board approval.
MCA has issued a penalty order against Teleone Consumers Product Private Limited for violating Section 118 of Companies Act, 2013. Violation pertains to non-compliance with secretarial standards related to recording of minutes of meetings.
Delhi High Court sets aside assessment orders due to non-consideration of Ssapp Overseas Pvt Ltd’s request to file a belated reply, citing a violation of natural justice.
Delhi HC confirmed CESTAT’s order on Commissioner of Customs vs Bergen Engines India Pvt Ltd case. HC finds no justifiable reasons for delay in filing appeal after defect notice.
ITAT Delhi quashed revisional order in Havells India Limited Vs PCIT case due to unfulfilled prerequisites for invoking Section 263 of IT Act.
ITAT Delhi in Jubilant Securities Pvt Ltd Vs DCIT case, highlighted the rule that disallowance under Section 14A cannot exceed exempt income
ITAT Cuttack – Abani Pattanayak Vs ACIT- ITAT ruled that maintenance and electricity charges not in the form of deposits are excluded from property cost for computing LTCG
NCLT has granted approval to Ace Infracity Developers for their resolution plan to acquire debt-ridden 3C Homes. Read details of approved plan, including provisions for compensation, possession of residential plots, and compliance with IBC.
Institute of Chartered Accountants of India (ICAI) has issued notifications regarding the removal of CA Basudeb Mukhopadhyay and CA Subodh Kumar Maheshwari from the Register of Members. These disciplinary actions have been taken based on findings of professional misconduct and other misconduct, as determined by the Disciplinary Committee of the ICAI. CA Basudeb Mukhopadhyay, whose […]