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.
Explore frequently asked questions about the Insolvency and Bankruptcy Board of India (IBBI) Valuation Examinations effective from July 1, 2022. Learn about eligibility, registration, exam structure, and more.
Explore the penalty order against SM Dychem Ltd for late filing of the Annual Return, violating Section 92 of the Companies Act, 2013. Detailed analysis, findings, and consequences.
Delhi High Court decision on ITA 719/2023: Upholding deduction of liquidated damages by UT Starcom Inc. based on evidence for delayed service to BSNL and MTNL
Delhi High Court grants permission for Gorav Gupta to travel to Dubai for two months after filing the charge sheet. Prior approval from the trial court mandated.
Gujarat High Court rejects Hitendra Shah’s pre-arrest bail plea in the GST input tax credit scam involving false documents. Serious economic offense charges stand.
Explore NFRA Inspection Report 2022 on Deloitte Haskins & Sells LLP, uncovering critical audit quality assessments, non-compliance issues, and recommendations for improvement.
