The IBBI initiated an investigation under Section 218 of the Insolvency and Bankruptcy Code, 2016, citing multiple contraventions, including non-appointment of registered valuers, non-filing of CIRP ...
Additionally, CBIC announces a partnership between the National Academy of Customs, Indirect Taxes & Narcotics (NACIN) and the Indian Maritime University (IMU) to establish a Marine Customs Training ...
The Haryana government has introduced the “Haryana One Time Settlement Scheme for Recovery of Outstanding Dues 2025” to facilitate the recovery of outstanding dues under various state tax acts. This ...
In light of these challenges, we humbly request an extension of the GST Amnesty Scheme deadline for tax payments from 31′ March 2025 to 30t h June, 2025 allowing the taxpayers additional time to ...
Principle of ‘proof beyond reasonable doubt’ is applicable to criminal case and not under Income Tax
Delhi High Court held that principle enunciated in the criminal jurisprudence in respect of a ‘proof beyond reasonable doubt’ was erroneously applied to section 148 of the Income Tax Act. Thus, order ...
Kerala High Court held that revenue cannot proceed to re-assess, on the basis of subsequent CAG report, the assessment which was time barred by virtue of limitation provisions u/s. 25 (1) of the KVAT ...
What is an NBFC Takeover? The term “ Takeover ” refers to the process of gaining control over another company, typically by acquiring a majority of its shares or purchasing the entire company for a ...
It is certainly a matter of extreme grave concern that none other than the Kerala High Court in a most learned, laudable, landmark, logical and latest judgment titled Fakrudeen KV vs State of Kerala & ...
ITAT Surat held that interest paid in respect of business profit attributable to section 80P (2) of the Income Tax Act is allowable. Accordingly, AO directed to consider direct nexus of interest paid ...
The Securities and Exchange Board of India (SEBI) has issued a circular extending the deadline for mutual funds to submit offsite inspection data. Previously, mutual funds were required to submit ...
Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 19/2025-Customs (N.T.), has appointed adjudicating authorities under the Customs Act, 1962, for handling specific Show ...
Central Board of Indirect Taxes and Customs (CBIC) has introduced the Postal Imports Regulations, 2025, governing the assessment and clearance of goods imported via Foreign Post Offices under the ...
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