Offer or Invitation fir Subscription of Securities on Private Placement. (1) A company may, subject to the provisions of this ...

The International Monetary Fund (IMF) has retained India’s economic growth rate at 7% for the current fiscal 2024-25. For ...

While making a decision to start a practice at the beginning of the career or at the later stage of life what we have to ...

The Securities and Exchange Board of India (SEBI) issued a letter rejecting Glenmark Life Sciences Limited’s (GLS) request for a “no-action” letter in connection with its efforts to meet the Minimum ...

Madras High Court held that any order contrary / disregarding the direction of this Court cannot be sustained as it renders the order bad for want of jurisdiction. Thus, order set aside and writ ...

5.2 The impugned goods are for testing of food and not for diagnostic purposes of human beings (including animals). Main allegation is of importing goods “ELISA Test Kit for food testing” but ...

In November, Indian markets sustained healthy performance, primarily supported by robust domestic equity inflows. Key drivers ...

CESTAT Allahabad held that material imported based MOEF permission by a company cannot be diverted to any other unit for any ...

The Securities and Exchange Board of India (SEBI) issued an informal guidance on disclosure obligations for nominee shareholders held by promoters in listed companies. The guidance, requested by CMS ...

ITAT Vishakhapatnam held that invocation of deemed rent under section 23 (1) (a) of the Income Tax Act unjustified since property of the assessee is leased out for a continuous long period for the ...

ITAT Bangalore directed CIT (A) to condone delay of 484 days in filing of an appeal and consider the issue on merits as it is alleged that the addition is made due to incorrect reporting by auditor.

CESTAT Chennai held that no customs duty could be demanded on the material intended for use in the factory, however, were destroyed by fire accident. Accordingly, duty demand not sustained.