News

A new customs notification from the Ministry of Finance, effective September 22, 2025, adds a list of defense-related items ...
The ITAT Ahmedabad ruled that the amendment to Section 11(3)(c) by the Finance Act 2022, which reduced the accumulation period for trusts, is prospective. The court granted relief to Sarangpur Talia’s ...
CAAR Mumbai holds that R.K. International’s imported mining tyres fall under HS Code 4011 80 00, citing technical features, ...
The ITAT Raipur ruled that unpaid VAT and Service Tax not claimed as a deduction in the P&L account cannot be disallowed under Section 43B, upholding a change of opinion as ...
This article explains recent changes to India’s fast-track merger rules, including new eligibility criteria for start-ups, unlisted companies, and foreign ...
The ITAT Ahmedabad bench has set aside an order by the CIT(E) that denied 80G approval to a charitable trust, ruling that the matter requires fresh ...
Learn about the mandatory annual audit for real estate projects under the Karnataka RERA, including the filing process and penalties for ...
NCLT Mumbai held that application under section 7 of the Insolvency and Bankruptcy Code against Corporate Debtor [Quanteco ...
The Registrar of Companies, Mumbai, has issued a penalty against Maxwell Life Science and its directors for failing to ...
ROC Mumbai found compliance lapses at Business Asia Consulting Pvt Ltd but dropped penalty as violations were already ...
A summary of the growth, crises, and regulatory reforms of India's NBFC sector. The article examines their role in credit distribution and responses to systemic ...
ITAT deletes ₹2936 Cr penalty on CGTMSE, affirming its charitable nature and ruling proviso to Section 2(15) inapplicable. Prior ITAT rulings ...