Learn about proposed Offshore Areas Mineral bill 2023 Amendment introduced in Lok Sabha to regulate India’s vast offshore mineral resources through auction and other features
SEBI issues Circular outlining rules for Mutual Funds’ investment in Corporate Debt Market Development Fund (CDMDF) to enhance corporate debt market.
DGGI Meerut Zonal Unit uncovers two major fake billing rackets involving 246 entities with Rs. 557 Cr ITC. Three arrests made. Details here.
The National Financial Reporting Authority (NFRA) has issued an order penalizing CA Sachin Kansai, the Engagement Partner (EP) for the audit of M/s Anshu’s Clothing Ltd (now known as Aditri Gems & Jewels Ltd) for the Financial Year (FY) 2015-16, under Section 132(4) of the Companies Act, 2013. The order addresses various non-compliances with accounting […]
All Gujarat Federation of Tax Consultants and Income Tax Bar Association request an extension of the income tax return deadline for AY 2023-24 due to heavy rain and flood in Gujarat.
PFRDA issues guidelines emphasizing individual choice in Annuity Service Provider selection and clarifying no additional charges for NPS subscribers.
Explore the new standard operating procedures (SOP) issued by India’s Ministry of Finance for recomputing income for co-operative sugar factories.
In a tax case of Rajesh Poddar Vs ITO, the Bombay High Court set aside the order and directed re-adjudication due to failure in providing reasons for reopening the assessment.
The J&K High Court ruled that trust registration under section 12AA cannot be denied solely for generating surplus profit. Read the full judgment here.
Read how Bombay High Court ruled in favor of New Age Buildtech Pvt Ltd, quashing invalid notices issued in the name of non-existent company ERP Infra Pvt Ltd.