News

With introduction of GST, the ministry of commerce introduced budgetary support for remainder period by granting refund of ...
Introduction The Government of India’s PLI Scheme for Electronic Components is a powerful initiative to boost domestic ...
NCLT Mumbai held that application u/s. 9 of the Insolvency and Bankruptcy Code [IBC] after three years of MSME Council Awards ...
5. Heard the appellant. It is observed that the ROC has imposed a penalty of Rs.9,87,000/- on the company and Rs.5,37,000/- ...
“An Indian Company engaged in sector/activity prohibited for FDI is permitted to issue bonus shares to its pre-existing ...
In a recent decision dated April 9, 2025, the Delhi High Court dismissed a petition filed by Sunil Gulati challenging a penalty order imposed by the CGST Department. The Court directed Gulati to ...
The claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions over ₹2,000 are completely false, misleading, and without any basis. Currently, there is no such ...
AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume transactions in the assessee’s savings account. Major concern was an ...
Madras High Court dismissed the writ appeals and held that rejection of rebate claim by taking stand that cenvat credit has lapsed in view of rule 11 (3) (i) of the Cenvat Credit Rules, 2004 [CCR 2004 ...
3. The petitioner faced unexpected delay in arranging the balance 75% bid amount. The petitioner therefore filed Ext.P6 IA No.2/2025 on 03.01.2025 seeking to grant an extension of 20 days to remit the ...
2. Section 194T uses the term “ Partner ” and does not specify the same as working or non-working. Thus the distinction between working and non-working partners is not relevant for section 194T and ...
Towards the end of 2023, the Indian government took a daring initiated to reform the criminal justice process by proposing the Bhartiya Nagarik Suraksha Sanhita (BNSS), a new law to replace the ...