Introduction The Government of India’s PLI Scheme for Electronic Components is a powerful initiative to boost domestic ...

The claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions over ₹2,000 are completely false, misleading, and without any basis. Currently, there is no such ...

In a recent decision dated April 9, 2025, the Delhi High Court dismissed a petition filed by Sunil Gulati challenging a penalty order imposed by the CGST Department. The Court directed Gulati to ...

Towards the end of 2023, the Indian government took a daring initiated to reform the criminal justice process by proposing the Bhartiya Nagarik Suraksha Sanhita (BNSS), a new law to replace the ...

AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume transactions in the assessee’s savings account. Major concern was an ...

2. Section 194T uses the term “ Partner ” and does not specify the same as working or non-working. Thus the distinction between working and non-working partners is not relevant for section 194T and ...

Financer not liable for penalty for undervaluation of imports unless involvement proved in commission of offence: CESTAT Kolkata ...

It states that, “ The issuer shall ensure that all transactions in securities by the promoter and promoter group between the date of filing of the draft offer document or offer document, as the case ...

Madras High Court dismissed the writ appeals and held that rejection of rebate claim by taking stand that cenvat credit has lapsed in view of rule 11 (3) (i) of the Cenvat Credit Rules, 2004 [CCR 2004 ...

3. The petitioner faced unexpected delay in arranging the balance 75% bid amount. The petitioner therefore filed Ext.P6 IA No.2/2025 on 03.01.2025 seeking to grant an extension of 20 days to remit the ...

Section 45-IA (1) (b) of the Reserve Bank of India Act, 1934, empowers the RBI to lay down the Net Owned Fund (NOF) requirement as a precondition for obtaining or continuing to hold a Certificate of ...

This appeal of the assessee for the Assessment Year (hereinafter, the ‘AY’) 2014-15 is directed against the order dated 30.04.2019of the Commissioner of Income Tax (Appeals)-2, New Delhi [hereinafter, ...