This led to show cause notices and the aforementioned Commissioner’s order dated 8.8.2019, which rejected transaction values for earlier imports, ordered confiscation, and imposed penalties. However, ...

Chennai bench, has imposed a cost of ₹10,000 on taxpayer Jayabalan Kumaresan for failing to appear during appeal hearings before the Commissioner of Income Tax (Appeals) [CIT(A)]. The tribunal has ...

The Securities and Exchange Board of India (SEBI) has issued a circular to simplify operations on the Request for Quote (RFQ) platform and improve disclosures in the centralized corporate bond ...

This circular, issued under the SEBI Act, 1992 and related regulations, aims to ensure transparency, investor protection, and streamlined market processes. Circular No.

3. In the interest of taxpayer convenience and to facilitate smooth filing, it has been decided that Table 3.2 shall remain ...

Gujarat, has imposed a penalty on Neptune Petrochemicals Limited for non-compliance with Section 29 of the Companies Act, ...

INSC 671 in the exercise of its criminal appellate jurisdiction that was pronounced as recently as on May 13, 2025 acquitted a man in a 26-year-old dowry and cruelty case while raising and flagging ...

that when a statutory appeal is filed beyond the maximum limitation period under Section 107 of the Central Goods & Services Tax Act, 2017 (“the CGST Act”), such delay cannot be condoned.

According to the Reserve Bank of India’s (RBI) guidelines, in cases where excess or shortfall of funds occurs due to foreign ...

However, the Calcutta High Court, after hearing arguments from both sides, noted that the core issue revolved around the non-verification of original tax invoices and other relevant documents that ...

Orissa High Court has dismissed a writ petition filed by Khanna Engineering, ruling that the voluntary payment of a penalty under Section 129 of the Goods and Services Tax (GST) Act concludes all ...

Despite the compliance by the share subscribers, the AO proceeded to make the addition under Section 68. The primary reasons cited by the AO were the lack of justification for issuing shares at a high ...