Government of India imposes significant penalties on M/s BECKONS INDUSTRIES LIMITED for violating Companies Act, 2013 by not filing annual returns. Learn about the penalties and consequences.
Discover the Central Government’s initiative to enhance ethanol production in sugar mills. Learn about the scheme, application process, and key deadlines for financial assistance.
Explore the Ministry of Finance’s Year Ender 2023 report, detailing the Department of Financial Services’ achievements in reforms, NPAs, digital payments, and financial inclusion.
Read the Kerala High Court judgment on Covenant Stones vs CIT, where the writ petition challenging the conditional stay on tax demand is dismissed. Analysis of undisclosed income assessment provided.
Read about Punnorath Meethal Sankaran vs ITO case: Kerala HC sets aside order rejecting condonation of delay in filing income return. Jurisdiction issue in refund claims above 10 Lakhs.
Read how Kerala High Court nullifies GST demand in Menacherry Lonappan Jayan vs State Tax Officer case. Ext.P5 order quashed due to violation of natural justice. Detailed analysis included.
Read the Delhi High Court judgment on Rajesh Gupta & Ors. vs DGFT. No permission for open market raw material purchase when Advance Authorization allows duty-free imports.
The HC, in its judgment, expressed dissatisfaction with the substantial time gap between the petitioner’s hearing and the issuance of the impugned order. The court held that the order was liable to be set aside considering this time lag. Additionally, it emphasized that the officer who passed the order had not heard the petitioner, raising concerns about procedural fairness.
Read the full text of the Madras High Court judgment quashing the GST order for GSTR-3B and GSTR-2A mismatch due to lack of opportunity. Learn about the legal battle, proceedings, and implications.
SEBI extends the deadline for ‘choice of nomination’ in demat accounts and mutual fund folios to June 30, 2024, for investor convenience. Read the circular for details.
