Proper Officer Should at Least Consider Reply on Merits and Then Form an Opinion | HC Remanded Matter Back for Re-Adjudication

Case Details: Mitsubishi Electric India … Continue reading “Proper Officer Should at Least Consider Reply on Merits and Then Form an Opinion | HC Remanded Matter Back for Re-Adjudication”

HC Remanded Matter as No Annexure Was Supplied to Assessee Though SCN Stated That Working of Excess ITC Was Appended

Case Details: Shree Padma Industries … Continue reading “HC Remanded Matter as No Annexure Was Supplied to Assessee Though SCN Stated That Working of Excess ITC Was Appended”

Assessment to Be Completed u/s 153A if Assessee Confirmed Info. About Foreign Bank by Filing Revised ITR During Search

Case Details: Rajinder Kumar vs. … Continue reading “Assessment to Be Completed u/s 153A if Assessee Confirmed Info. About Foreign Bank by Filing Revised ITR During Search”

SEBI Revises ‘Offer for Sale’ Framework, Mandates Employees to Place Bids on T+1 at T Day’s Cut-off Price

Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/82; Dated: 14.06.2024 … Continue reading “SEBI Revises ‘Offer for Sale’ Framework, Mandates Employees to Place Bids on T+1 at T Day’s Cut-off Price”

NCLT Rightly Rejected Section 9 Plea Due to Pre-existing Dispute on Debt and Quality of Goods/Services | NCLAT

Case Details: East India Udyog … Continue reading “NCLT Rightly Rejected Section 9 Plea Due to Pre-existing Dispute on Debt and Quality of Goods/Services | NCLAT”

No Interest is Payable on Refund of Amount Deposited During Search by Way of Adjustment of Credit Amount in ECL | HC

Case Details: Sushil Kumar v. … Continue reading “No Interest is Payable on Refund of Amount Deposited During Search by Way of Adjustment of Credit Amount in ECL | HC”