The AO accepted this rationale, concluding that the interest expense was a business expenditure under Section 36 (1) (iii) ...

The Income Tax Appellate Tribunal (ITAT), Kolkata, has set aside a penalty of ₹1 crore imposed on Tarai Transport Corporation ...

Patna High Court held that reassessment proceedings under section 148A (b) of the Income Tax Act is justifiable since proceedings initiated within a three year period as per section 149 (1) of the ...

Madras High Court held that the goods imported, even though exempted from basic customs duty, may still be subject to levy of additional duty under the respective enactments. Accordingly, additional ...

For the protection of investors, SEBI implements Know Your Customer (KYC) standards and Anti-Money Laundering (AML) guidelines to ensure that genuine investors invest in Indian markets. It ...

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS, OFFICE OF REGISTRAR OF COMPANIES, NCT OF DELHI & HARYANA 4TH FLOOR, IFCI ...

The evolution of India’s capital market has been intrinsically linked to the regulatory oversight and reforms driven by the Securities and Exchange Board of India (SEBI). Established as a statutory ...

The Delhi High Court addressed a petition filed by HVR Solar Private Limited against the Sales Tax Officer concerning the rejection of their application for rectification under Section 161 of the ...

(b) Trusteeship Services may also be provided to various schemes, including retail schemes launched by the Fund Management Entities (FMEs) registered under the IFSCA (Fund Management) Regulations, ...

The Rajasthan High Court addressed a writ petition filed by Alkem Laboratories Limited against the Deputy Director of Income Tax (DDIT), CPC, Bangalore, concerning an intimation order under Section ...

The CESTAT Mumbai addressed an appeal by New Poly Tech Engineers, concerning penalties and fines imposed for failing to meet export obligations under the Export Promotion Capital Goods (EPCG) scheme.

High Court that the trial court had erroneously allowed Raka Overseas’s request to summon a GST Department witness for the production of GST records related to RNT Metals without Raka Overseas having ...