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Blog, News, FEMA & Banking

April 20, 2025

Condonation Application for a 132-Day Delay Beyond the 120-Day Limit Under PMLA Was Dismissed as Time-Barred | HC

Case Details: Assistant Director, Directorate … Continue reading “Condonation Application for a 132-Day Delay Beyond the 120-Day Limit Under PMLA Was Dismissed as Time-Barred | HC”

Blog, News, Income Tax

April 20, 2025

HC Slaps Exemplary Cost of ₹1 Crore on Revenue for Passing High-Pitched Order Against Non-Existing Bank

Case Details: Punjab National Bank … Continue reading “HC Slaps Exemplary Cost of ₹1 Crore on Revenue for Passing High-Pitched Order Against Non-Existing Bank”

Blog, News, International Tax

April 20, 2025

[World Tax News] Norway Proposes ‘Tourism Tax’ on Overnight Accommodation and More

Editorial Team – [2025] 173 … Continue reading “[World Tax News] Norway Proposes ‘Tourism Tax’ on Overnight Accommodation and More”

Blog, News, Account & Audit

April 20, 2025

ASB of ICAI Issues Exposure Draft on Ind AS 109 and Ind AS 107 for Electricity Contracts Dependent on Natural Sources

The Accounting Standards Board (ASB) … Continue reading “ASB of ICAI Issues Exposure Draft on Ind AS 109 and Ind AS 107 for Electricity Contracts Dependent on Natural Sources”

Blog, News, GST & Customs

April 20, 2025

CBIC Issues Fresh Instructions on Processing of GST Registration Applications to Prevent Harassment and Ensure Timely Processing

Instruction No. 03/2025-GST, Dated 17-04-2025 … Continue reading “CBIC Issues Fresh Instructions on Processing of GST Registration Applications to Prevent Harassment and Ensure Timely Processing”

News, Blog, Company Law

April 20, 2025

SEBI Proposes Raising Mutual Fund Investment Limit in REITs & InvITs to 20% Overall and 10% per Issuer

Consultation Paper; Dated: 17.04.2025 SEBI … Continue reading “SEBI Proposes Raising Mutual Fund Investment Limit in REITs & InvITs to 20% Overall and 10% per Issuer”

Blog, News, Income Tax

April 18, 2025

[Opinion] Allegation of Bogus Purchases – Is It Genuine? Analysis of Recent Case Laws

Navneet Singal – [2025] 173 … Continue reading “[Opinion] Allegation of Bogus Purchases – Is It Genuine? Analysis of Recent Case Laws”

Blog, News, Company Law

April 18, 2025

Unauthorised Use of Company Car by a Former Director Justified Process u/s 452 of Companies Act, Discharge Plea Dismissed | HC

Case Details: Meeta Bansal v. … Continue reading “Unauthorised Use of Company Car by a Former Director Justified Process u/s 452 of Companies Act, Discharge Plea Dismissed | HC”

Blog, News, GST & Customs

April 18, 2025

Order Rejecting Rectification Application Upheld as Application Was Vague and Lacked Any Substantial Contention | HC

Case Details: Vinay Kumar Gupta … Continue reading “Order Rejecting Rectification Application Upheld as Application Was Vague and Lacked Any Substantial Contention | HC”

News, Blog, GST & Customs

April 18, 2025

PVC Raincoats Being Non-Woven Products to Be Classified Under HSN 392620 and Attract GST Rate of 18% | AAR

Case Details: Aristocrat Industries (P.) … Continue reading “PVC Raincoats Being Non-Woven Products to Be Classified Under HSN 392620 and Attract GST Rate of 18% | AAR”