CBI registers a case against a Delhi-based private company and its Director for alleged violations of FCRA provisions, involving unexplained remittances and foreign funds. Searches are underway at two locations in Delhi.
In PCIT vs. Hellmann Worldwide Logistics India Pvt. Ltd case, Delhi High Court upholds appellate authorities’ right to choose a different transfer pricing method.
IFSCA seeks input for review of (Fund Management) Regulations, 2022, as part of a broader effort to simplify financial sector compliance.
Recent Income Tax search operation in Kashmir Valley exposes a prominent business group’s substantial tax evasion in sectors including Cement, Steel, and Real Estate
Learn about latest advisory for trade regarding a new check introduced for Shipping Bills related to ‘Nature of Contract’ and its impact on CIF and FOB values.
Direct Tax Collections for F.Y. 2023-24 have surged, with gross collections up by 17.95%. Analysis of Ministry of Finance’s latest data.
Explore the adjudication proceedings against SRN BPO Services Pvt Ltd under Section 10A of Companies Act, 2013. Analysis of penalties, non-compliance, and implications
Explore a recent case under the Companies Act, 2013, where MCA imposed a ₹3 Lakh penalty for non-maintenance of a registered office. Understand the legal implications and consequences.
Notification regarding Income-tax Act Section 56(2)(viib) and assessment of Startup Companies. Clarifications for assessing recognized Startups.
RBI instruct Bank of Baroda to immediately halt further customer onboarding onto the ‘bob World’ mobile application due to supervisory concerns. The bank is required to rectify these concerns before resuming onboarding.
