ITAT Mumbai upheld CIT(A)’s rulings in ACIT vs GM Modular Pvt. Ltd., addressing unverified purchases, PF/ESI disallowances, and incriminating material in search cases.
Hankook Latex Pvt Ltd penalized for delay in filing SBO disclosures under Section 90 of Companies Act, 2013. MCA imposes fines on key directors.
PFRDA alerts public on fake NPS/APY schemes via SMS, calls, or apps. Advises caution and reporting of fraud through official channels and cybercrime portal.
New guidelines for GST registration issued to reduce delays, clarify document requirements, and standardize officer procedures for fair application processing.
ICSI warns students against using ‘CS’ before their name without eligibility, citing penalties under Section 24 of the Company Secretaries Act, 1980.
Karnataka revises monthly profession tax rates under 1976 Act, with effect from April 1, 2025; February’s rate set higher than other months.
CBIC updates tariff values for palm oils, metals, and areca nuts under Customs Act; changes effective from April 16, 2025, as per latest notification.
DGFT revises Coal Import Monitoring System (CIMS) policy; registration fees now aligned with Appendix 2K, effective immediately from April 15, 2025.
SEBI seeks comments on revised Investor Charter for Advisers, covering client rights, responsibilities, disclosures, and grievance redressal.
ICSI approves Hindi study material, free masterclasses, debating societies, TDOP options, and new Direct Tax course for members in March 2025 meetings.
