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CCI Clears Lupin and Dr. Reddy’s: No Violation Found

December 4, 2023 750 Views 0 comment Print

Explore the Competition Commission of India’s decision on Nadie Jauhri vs. Lupin Ltd. and Dr. Reddy’s. Allegations, evidence analysis, and the conclusion on Sections 3 and 4.

Framework For Grant of Funds for Research Studies By IFSCA

December 4, 2023 636 Views 0 comment Print

Explore the International Financial Services Centres Authority (IFSCA) circular outlining a funding framework for research studies on financial products, services, and institutions. Learn about eligibility, scope, approval process, and more

CCI Holds Srinivasa Cine Enterprises Guilty of GST Profiteering

December 4, 2023 804 Views 0 comment Print

Detailed analysis of the Competition Commission of India’s order against Srinivasa Cine Enterprises for not passing on GST rate reduction benefits.

Non-submission of Commencement of Business Form: MCA Imposes Penalty

December 4, 2023 7419 Views 0 comment Print

Read about the penalty imposed by the Ministry of Corporate Affairs for non-submission of Commencement of Business Form under Companies Act, 2013. Details on violations and appeal process

Removal of ICMAI Member’s Name for non-payment of fees

December 3, 2023 2037 Views 0 comment Print

Get details on ICMAI’s strict action against defaulting members for non-payment. Learn about the removal process, restoration options, and important deadlines

No profiteering if Pre GST tax rate was Lower than Post GST Era: CCI

December 2, 2023 876 Views 0 comment Print

Get insights on Daanish Electricals vs Eros Elevators case. Analysis of allegations, Commission findings, and conclusion on anti-profiteering provisions.

Section 14 of IBC does not create a bar for finalisation of Tax assessment & adjudication proceedings

December 1, 2023 1686 Views 0 comment Print

Explore the Kerala High Court’s decision on Platino Classic Motors vs. Deputy Commissioner of Central Tax. Analysis of IBC Section 14, assessment, and adjudication proceedings.

Invalid Sanction: HC Quashes Notice & consequential Assessment Order

December 1, 2023 2082 Views 0 comment Print

Bombay High Court’s landmark judgment nullifies Income Tax assessments for AY 2016-2017, citing improper sanction under Section 151(i) instead of Section 151(ii) of the Income Tax Act 1961. Read the full text and implications.

Penalty under GST Not Automatic, Requires Evaluation: Calcutta High Court

December 1, 2023 4074 Views 0 comment Print

Explore the detailed analysis of the Calcutta High Court’s landmark decision on GST penalties. Learn why automatic penalties under Section 129 are not upheld.

SCN not mention delayed payments or specify alleged non-existent dealer: HC Set-aside order

December 1, 2023 963 Views 0 comment Print

Delhi High Court orders re adjudication in Omkara Footwear case, challenging rejection of refund appeals for non-existent entity and delayed payment. Full judgment analysis.

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