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Royalty on Advertisement Hoardings cannot be equated with imposition of Tax

November 3, 2024 1713 Views 0 comment Print

Supreme Court rules that royalty on advertisement hoardings by Patna Municipal Corporation cannot be equated with a tax. Case clarifies royalty vs. tax distinction.

Aadhar Not conclusive proof of individual’s date of birth: SC

November 1, 2024 4254 Views 0 comment Print

Supreme Court clarifies that while Aadhar can establish identity, it is not definitive proof of date of birth in Saroj & Ors. Vs IFFCO-TOKIO case.

Temporary business suspension due to health not justify GST registration cancellation

November 1, 2024 1644 Views 0 comment Print

Delhi High Court rules temporary business suspension due to health does not justify GST registration cancellation for M/s Maha Kuber Garments.

Supreme Court Clarifies Legislative Competence Over Industrial Alcohol

October 31, 2024 1221 Views 0 comment Print

The Supreme Court of India examines whether intoxicating liquors includes industrial alcohol, impacting state legislative powers.

No Addition for Off-Market Penny Stocks if Purchase is Justified & Proper Documentation is Provided

October 31, 2024 2052 Views 0 comment Print

ITAT Mumbai rules that shares bought off-market and later sold on stock exchanges with proof of genuine transactions cannot be treated as unexplained income.

ED directs officers to not to question after office hours Under PMLA

October 31, 2024 4350 Views 0 comment Print

Bombay High Court directs Enforcement Directorate to regulate statement recording hours under PMLA, emphasizing same-day examination and humane treatment for special cases.

ICSI Request for Relief from penalties on Dematerialisation Issues

October 30, 2024 3861 Views 0 comment Print

ICSI highlights challenges in dematerialisation for private companies and seeks relief from penalties due to processing delays and operational complexities.

ICSI Request for Company Law & LLP Law Settlement Scheme 2024

October 30, 2024 13998 Views 4 comments Print

ICSI requests MCA for Company Law and LLP Law Settlement Scheme 2024 to address filing challenges and avoid penalties for companies due to technical issues on MCA-21 V3.

Pass percentage of CA Intermediate & Foundation Exam Sept 2024

October 30, 2024 33801 Views 0 comment Print

ICAI announces CA Intermediate & Foundation exam results for September 2024. Check pass rates, top rankers, and result access details.

Delayed filing of e-form MGT-14: MCA imposes Penalty of . ₹10.49 Lakh

October 29, 2024 2532 Views 0 comment Print

Adjudication order against KCP Infra for delays in filing resolutions under the Companies Act, 2013. Total penalty imposed: ₹10.49 lakhs. Appeals allowed within 60 days.

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