2. Breach of Natural Justice: The petitioner’s counsel contends that the impugned order not only violates principles of natural justice but also overlooks the petitioner’s eligibility for a threshold ...

In a recent case before the Income Tax Appellate Tribunal (ITAT) in Mumbai, the validity of a rectification order under Section 154 of the Income-tax Act, 1961, came under scrutiny. The case, titled ...

Section 180 of the Companies Act, 2013 deals with “Restrictions on Powers of Board”. Section 180 specifically deals with limitations on the powers of the Board of Directors to protect the interests of ...

This notice pertains to an amendment in Appendix 6B of the Foreign Trade Policy (FTP) and the Indian Industrial Base Products (IIBP) concerning the value addition requirements for spices categorized ...

According to the instructions, recovery proceedings shall be initiated by the proper officer only after the expiry of three months from the date of service of the order, if any amount is payable by a ...

Subject: Relaxation in the provision of submission of ‘Bill of Export’ as evidence of export obligation discharge for supplies made to SEZ units in case of Advance Authorisation.

Effect of the Notification: The item description of ‘Glufosinate Technical’ under ITC (HS) Code 38089390 has been revised. Henceforth, `Glufosinate and its salts’ having any technical name, IUPAC name ...

Securities and Exchange Board of India (SEBI) issued Master Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2024/072 on June 3, 2024, to all registered Bankers to an Issue (BTI), consolidating all previous SEBI ...

The dematerialization of securities marks a significant shift from physical share certificates to electronic records, revolutionizing the way investors manage and trade their shares. This process, ...

The case of Raman Ispat Pvt Ltd Vs Cce Meerut before the Allahabad High Court revolves around the contentious issue of whether an option exercised for a financial year under Section 3A(4) of the ...

Umang Realtech Private Limited petitioned against an order from December 7, 2023, which disposed of a Show Cause Notice from September 25, 2023, proposing a demand of Rs. 5,83,18,566.00 against the ...

Background of the Case – Chehak Fashions, a business engaged in the trading of woven fabric, was served with a Show Cause Notice (SCN) on September 20, 2021, for not filing returns for a continuous ...