Explore SEBI’s latest circular allowing stock exchanges to settle client funds on Fridays and Saturdays, promoting operational efficiency and safeguarding investor interests.
Financial Intelligence Unit India issues compliance notices to 9 offshore Virtual Digital Assets Service Providers. Ministry of Finance acts against illegal operations. Details here.
Madhya Pradesh HC criticizes withholding 10% pension in Basant Raikwar vs Commercial Tax Secretary. Full judgment analysis and implications
Explore the Kerala High Court’s judgment on IBS Software’s plea for immunity under Section 270AA of the Income Tax Act. Detailed analysis of the rejection and legal implications.
The Competition Commission of India (CCI) seeks feedback on the draft regulations for determining turnover or income. Share your comments from 22.12.2023 to 12.01.2024.
Explore the case of Pr. CIT vs Ansal Properties: Penalty notice invalidated due to ambiguity in specifying Section 271(1)(c) limb for penalty proceedings.
Explore the Karnataka High Court’s ruling on penalty notices under Income Tax Act in CIT vs SSA’s Emerald Meadows. Learn about specificity requirements and key findings.
Delhi High Court’s ruling in Pr. CIT vs Sahara India Life Insurance Co. clarifies Section 44, emphasizes specificity in penalty notices under Section 271(1)(c).
Explore the Ministry of Corporate Affairs adjudication order imposing penalties on Thana Electric Supply Company Limited for violating Section 92 of the Companies Act, 2013.
Delhi High Court rules in favor of Canara Bank Relief Welfare Society, allowing the filing of revised Form 10 during reassessment proceedings. Details here.