NCLT Mumbai held that application u/s. 9 of the Insolvency and Bankruptcy Code [IBC] after three years of MSME Council Awards ...

With introduction of GST, the ministry of commerce introduced budgetary support for remainder period by granting refund of ...

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 ...

Calcutta High Court held that seizure of jewellery is valid since legitimacy of jewellery not substantiated; discrepancies are found in documentation and weight and there was reasonable belief of ...

Summary: The CBIC issued Instruction No. 03/2025-GST on April 17, 2025, to address delays and inconsistent practices in processing GST registration applications. This replaces the earlier 2023 ...

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 ...

ITAT Delhi held that addition under section 68 of the Income Tax Act by treating LTCG as bogus merely on the basis of assumption and conjecture is not sustainable in law since purchase and sale of ...

ITAT Hyderabad held that reopening of assessment u/s. 148 of the Income Tax Act is void-ab-initio since income escaped assessment doesn’t exceed Rs. 50 lakhs or more. Accordingly, assessment order ...

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

1. Document Scrutiny: Applicants must upload prescribed documents (e.g., photo, business constitution, address proof). Officers must verify completeness, legibility, and authenticity, and cross-verify ...

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 ...