The company and its directors, Chandra Devi Biyala, Anil Kumar Bagri, and Jay Prakash Mukhiya, are required to pay the ...

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

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

Kerala High Court held that proceedings punishable under section 13 (1) (d) r.w.s. 13 (2) of the Prevention of Corruption Act, 1988 not justified since illegal gratification of Rs. 1.5 crore against ...

NCLT Kolkata held that One Time Settlement proposal given by Corporate Debtor to Financial Creditor is a clear acknowledgment of debt and default. Hence, application filed by Financial Creditor u/s. 7 ...

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 ...

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 ...

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 ...

Currently, MF schemes are restricted to investing a maximum of 10% of their net asset value (NAV) in REITs and InvITs, with a 5% cap per issuer. SEBI proposes raising these limits to 10% per issuer ...

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 ...