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Two-Year Suspension Imposed on IP for Breach of Duty & GST Non-Compliance in CIRP

March 23, 2026 234 Views 0 comment Print

The case addresses failure to place a mandatory replacement agenda despite requisite voting share. The ruling emphasizes that statutory obligations under CIRP regulations are non-discretionary and must be strictly followed.

Client Segregation Mandatory as SEBI Disallows Overlap of Advisory & Distribution Services

March 23, 2026 702 Views 0 comment Print

The issue involved whether clients could simultaneously receive advisory and distribution services. SEBI clarified that strict segregation is mandatory, ensuring no overlap to prevent conflicts of interest.

ROC Imposes Penalty Due to Non-Filing of Annual Return Under Section 92(5)

March 23, 2026 369 Views 0 comment Print

The issue involved failure to file annual returns within the prescribed time. The authority imposed penalties and emphasized strict compliance with statutory filing obligations.

When “Simple” Becomes a Competitive Advantage: The Minimalist Game Formats Outperforming Complex Titles

March 21, 2026 171 Views 0 comment Print

The article highlights how simple game formats deliver immediate enjoyment without lengthy tutorials. It shows that faster engagement leads to higher retention and broader audience reach.

Income Tax Dept Flags High-Risk Transactions for Reassessment Action – Sections 148/148A

March 20, 2026 1209 Views 0 comment Print

The department has identified high-risk cases through its Insight Portal for AYs 2022-25. It directs officers to initiate reassessment proceedings based on risk analysis, emphasizing data-driven scrutiny.

Penalty Imposed for Duplicate DIN Due to Prolonged Non-Compliance Period

March 20, 2026 381 Views 0 comment Print

The issue involved holding two DINs in violation of law. The authority imposed penalty considering the extended duration of default despite eventual rectification.

Penalty Imposed for Holding Multiple DINs Due to Inadvertent Duplicate Registration

March 20, 2026 537 Views 0 comment Print

The case involved obtaining a duplicate DIN in violation of law. The authority granted relief by imposing only 25% of the maximum penalty due to absence of malafide intent.

Understanding SIP mutual funds using an SIP calculator

March 20, 2026 981 Views 0 comment Print

The content explains how SIP calculators help estimate potential returns and simplify investment decisions. It highlights their role in building confidence and encouraging disciplined investing.

DGFT Amends SION A-2005 Norms for Phenoxyethanol Export and Import Inputs

March 20, 2026 393 Views 0 comment Print

The issue concerns changes in SION norms for a specific export product. The DGFT revised product description and input quantities to improve accuracy and compliance.

CBDT Grants Section 35 Approval to Tea Research Association for Donor Tax Deduction

March 20, 2026 375 Views 0 comment Print

The issue concerns approval of an institution for tax deduction eligibility. The notification grants recognition subject to compliance, enabling donors to claim benefits under Section 35.

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