Penalty Reduced from Rs. 37,28,000 to Rs. 4,39,100 II. For Non-Appointment of Whole-Time Director: Penalty Reduced from Rs. 7 ...

22. Further the company and its officers are hereby direct that the penalty amount shall be remitted from their own sources ...

1. Rule 8 of the CGST Rules, 2017 has been amended to provide that an applicant can be identified on the common portal, based ...

December 31, 2024 Subject: Clarifications to Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs) 1. Recognising the need for robust cybersecurity measures and ...

Government of India’s Central Board of Indirect Taxes & Customs (CBIC) has taken significant steps to enhance trade and enforcement. Last week, CBIC signed a Mutual Recognition Arrangement (MRA) with ...

Conclusion: Additions made by AO on investment in mutual fund during the current assessment year was deleted as AO merely relied on the information’s gathered from individual transaction statements ...

Considering the opening cash balance of Rs.3,04,049/- available with the assessee and also the quantum of agricultural income ...

CESTAT Bangalore held that no time limit has been prescribed under the statutory provision of Section 149 of the Customs Act ...

Delhi District Court allowed the application under section 311 of the Code of Criminal Procedure (Cr.P.C.), however, imposed cost of Rs. 50,000 on DRI due to 17 years of delay in filing of a complain.

ITAT Chennai held that disallowance of claim under section 80IA (4) of the Income Tax Act justified since assessee is engaged in only collection and transportation of solid wastes and is not engaged ...

ITAT Surat imposed cost of Rs. 10,000 on the assessee for non-cooperation before lower authorities and accordingly, remanded the matter back to CIT (A) for examining the entire issue afresh.

ITAT Bangalore held that interest rate should be charged on the basis of prevailing LIBOR rate and no SBI PLR rate since invoices are raised in foreign currency. Accordingly, it is directed to TPO to ...