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

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

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 ...

Telangana High Court held that natural gas sold by the petitioner falls under entry 23 of 6 th Schedule of the Andhra Pradesh General Sales Tax Act, 1957 [APGST Act 1957] and not under entry 118 of 1 ...

NCLT Mumbai held that application u/s. 9 of the Insolvency and Bankruptcy Code [IBC] after three years of MSME Council Awards ...

With introduction of GST, the ministry of commerce introduced budgetary support for remainder period by granting refund of ...

“An Indian Company engaged in sector/activity prohibited for FDI is permitted to issue bonus shares to its pre-existing ...

5. Heard the appellant. It is observed that the ROC has imposed a penalty of Rs.9,87,000/- on the company and Rs.5,37,000/- ...

Supreme Court held that person accused for an offence under section 447 of the Companies Act cannot be released on bail without satisfying mandatory twin conditions prescribed under sub-section (6) of ...

Supreme Court held that before proceedings against a public servant in the matters of corruption, a preliminary enquiry under the Prevention of Corruption Act, although desirable, is not mandatory.

Calcutta High Court held that seizure of jewellery is valid since legitimacy of jewellery not substantiated; discrepancies are found in documentation and weight and there was reasonable belief of ...

ITAT Hyderabad held that reopening of assessment u/s. 148 of the Income Tax Act is void-ab-initio since income escaped assessment doesn’t exceed Rs. 50 lakhs or more. Accordingly, assessment order ...