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Section 263 Action Invalid Without Compliance to Limitation Period: ITAT Mumbai

June 6, 2025 864 Views 0 comment Print

Mumbai ITAT ruled the CIT(E)’s revisionary order against Indian Education Society was time-barred, clarifying Section 263’s scope regarding original vs. reassessment issues.

ICSI Southern Region Convocation 2025 Details

June 6, 2025 1260 Views 0 comment Print

ICSI’s Southern Region Convocation on July 3, 2025, for new members and awardees. Register online by June 15. Details on venue, time, dress code, and ID requirements.

SEBI Eases Compliance for Non-Convertible Debt

June 5, 2025 999 Views 0 comment Print

SEBI circular relaxes rules for listed non-convertible debt securities, extending relief from sending physical documents until September 30, 2025, aligning with MCA guidelines.

SEBI simplifies Margin Obligations Through Pledge/Re-Pledge in Depository System

June 3, 2025 1104 Views 0 comment Print

SEBI circular simplifies margin pledge, invocation, and sale of client securities for brokers, addressing operational issues and improving efficiency.

Import of Yellow Peas Free Without MIP & Port Restriction till March 2026

May 31, 2025 942 Views 0 comment Print

India extends Free import policy for yellow peas (ITC HS Code 07131010) until March 31, 2026, removing MIP and port restrictions. Online registration required.

Customs Duty Cut on Edible Oils; Yellow Peas Exemption Extended

May 30, 2025 1383 Views 0 comment Print

Govt extends Yellow Peas import exemption till March 2026; cuts customs duty on crude soya, sunflower, and palm oils from 20% to 10%.

Tariff Value for Edible Oils, Brass Scrap, Areca Nut, Gold & Silver from 31.05.2025

May 30, 2025 852 Views 0 comment Print

India’s Ministry of Finance revises customs tariff values for palm oils, soybean oil, brass scrap, gold, and silver, effective May 31, 2025, via a new notification.

AYUSHEXCIL Authorized to Issue Non-Preferential COOs

May 30, 2025 591 Views 0 comment Print

DGFT grants Ayush Export Promotion Council (AYUSHEXCIL) immediate authorization to issue Certificate of Origin (Non-Preferential) under FTP 2023, adding them to Appendix 2E.

IBBI CIRP (Fourth Amendment) Regulations 2025 Highlights

May 30, 2025 1023 Views 0 comment Print

The IBBI has amended CIRP Regulations 2025, facilitating part-wise resolution, harmonizing payment timelines, including interim finance providers, and mandating all plan presentations to CoC

ICAI issues Updated draft of FAIS & Implementation Guide

May 30, 2025 1587 Views 0 comment Print

ICAI’s DAAB releases exposure drafts for updated Forensic Accounting and Investigation Standards and Implementation Guide, seeking comments by June 19, 2025.

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