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Blog, News, FEMA & Banking

November 23, 2024

Attachment of Property Under PMLA Equivalent to Proceeds of Crime Upheld as Appellant Failed to Justify Its Purchase

Case Details: Dinesh Pratap Singh … Continue reading “Attachment of Property Under PMLA Equivalent to Proceeds of Crime Upheld as Appellant Failed to Justify Its Purchase”

Blog, News, GST & Customs

November 23, 2024

Matter to Be Remanded Since SCN Was Worded as a Final Order and Hearing Opportunity Was Not Provided | HC

Case Details: Maheshwari Logistics Ltd. … Continue reading “Matter to Be Remanded Since SCN Was Worded as a Final Order and Hearing Opportunity Was Not Provided | HC”

Blog, News, GST & Customs

November 23, 2024

Writ Dismissed as Assessee Failed to Appeal Against Order Within the Time Period as Directed by the Coordinate Bench | HC

Case Details: Radhey Traders v. … Continue reading “Writ Dismissed as Assessee Failed to Appeal Against Order Within the Time Period as Directed by the Coordinate Bench | HC”

News, Blog, Company Law

November 22, 2024

[Opinion] Company & Its Directors Penalized for Using Private Placement Funds in Existing Account Before Filing Return of Allotment

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] Company & Its Directors Penalized for Using Private Placement Funds in Existing Account Before Filing Return of Allotment”

Blog, News, Company Law

November 22, 2024

SEBI Amends Buy-Back Regulations | Excludes Shares Held by Non-Participating Promoters from Entitlement Ratio

Notification No. SEBI/LAD-NRO/GN/2024/210; Dated: 20.11.2024 … Continue reading “SEBI Amends Buy-Back Regulations | Excludes Shares Held by Non-Participating Promoters from Entitlement Ratio”

Blog, News, Company Law

November 22, 2024

SEBI Amends Bankers to an Issue Regulations by Expanding Their Scope of Activities

Notification No. SEBI/LAD-NRO/GN/2024/211; Dated: 20.11.2024 … Continue reading “SEBI Amends Bankers to an Issue Regulations by Expanding Their Scope of Activities”

News, Blog, Account & Audit

November 22, 2024

[Global Financial Insights] FRC Releases Report on the Quality of Key Local Audits and More

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] FRC Releases Report on the Quality of Key Local Audits and More”

Blog, News, GST & Customs

November 22, 2024

Delay in Filing the Appeal Condoned as the Petitioner Was Unaware of the Impugned Order | HC

Case Details: NRC. Spin Tex … Continue reading “Delay in Filing the Appeal Condoned as the Petitioner Was Unaware of the Impugned Order | HC”

Blog, News, GST & Customs

November 22, 2024

Appeal Cannot Be Dismissed as Assessee Was Not Allowed to Establish That Signatory Was Authorized to Sign the Appeal Memo | HC

Case Details: SBI General Insurance … Continue reading “Appeal Cannot Be Dismissed as Assessee Was Not Allowed to Establish That Signatory Was Authorized to Sign the Appeal Memo | HC”

Blog, News, Income Tax

November 22, 2024

Prosecution Can Be Initiated Under Black Money Act Even Before Completion of Assessment | HC

Case Details: Sanjay Bhandari vs. … Continue reading “Prosecution Can Be Initiated Under Black Money Act Even Before Completion of Assessment | HC”