SCN & Order Both Issued on Same Date Were Unsustainable Since Reasonable Opportunity Was Not Provided to Assessee | HC

Case Details: Pithamber Distributors v. … Continue reading “SCN & Order Both Issued on Same Date Were Unsustainable Since Reasonable Opportunity Was Not Provided to Assessee | HC”

RBI Revises Framework for ‘Domestic Money Transfer’ | Mandates Remitting Banks to Keep Beneficiary Records for Cash Payout

Circular No. RBI/2024-25/52 CO.DPSS.POLC.No.S415/02.27.019/2024-25, Dated: … Continue reading “RBI Revises Framework for ‘Domestic Money Transfer’ | Mandates Remitting Banks to Keep Beneficiary Records for Cash Payout”

Saint-Gobain Cleared of Allegation of Co-Branding & Forced Purchase as Informant Couldn’t Produce Valid Agreement | CCI

Case Details: XYZ (Confidential) v. … Continue reading “Saint-Gobain Cleared of Allegation of Co-Branding & Forced Purchase as Informant Couldn’t Produce Valid Agreement | CCI”

HC Quashes ‘Willful Defaulter Committee’s’ Decision Due to Reliance Solely on Flawed Transaction Audit Report (TAR) | HC

Case Details: Vishambhar Saran v. … Continue reading “HC Quashes ‘Willful Defaulter Committee’s’ Decision Due to Reliance Solely on Flawed Transaction Audit Report (TAR) | HC”

CIT(E) Can’t Cancel Registration of Trust Just Because Trust Deed Allowed Settlor to Use Premises for Her Lifetime | ITAT

Case Details: Mr. & Mrs. … Continue reading “CIT(E) Can’t Cancel Registration of Trust Just Because Trust Deed Allowed Settlor to Use Premises for Her Lifetime | ITAT”