Madras High Court held that circular dated 21.12.2023 allowing creditor to recommend a Resolution Professional for appointment is neither ultra vires nor violative of provisions of the Insolvency and ...

ITAT Mumbai held that addition under section 69A of the Income Tax Act towards cash deposited in the bank account during demonetization period deleted since source of cash deposit duly explained.

Enhanced Quota for LDCE Promotions: The court directed all High Courts and State Governments to amend their service rules to reserve 25% of promotions from Civil Judge (Senior Division) to the Higher ...

One of the main reasons individuals like to apply for credit cards online is the convenience they provide. Instead of going ...

The Supreme Court of India has overturned a High Court decision, affirming the validity of a clause in an appointment letter issued by Vijaya Bank. The clause required an employee, Prashant B ...

The Department of Economic Affairs (DEA), Ministry of Finance, amended Rule 8 of the Securities Contracts (Regulation) Rules (SCRR), 1957, via Gazette Notification G.S.R. 318 (E). The amendment gives ...

As the name suggest IFRS is a globally recognised set of standards that enable best accounting/ reporting practices and is ...

The High Court set aside both the appellate order and the consequential demand raised in Form APL-04, and remanded the matter to the appellate authority with instructions to hear the case on merits.

Mumbai Bench has dismissed an appeal filed by the Joint Commissioner of Income Tax (JCIT) – 14(1)(1) against Aries Agro Ltd., upholding the decision of the National Faceless Appeal Centre, Delhi (NFAC ...

In a ruling that offers relief to taxpayers affected by retrospective amendments to tax laws, the Income Tax Appellate Tribunal (ITAT) Mumbai Bench has held that interest under Section 234B of the ...

SEBI is issuing this Press Release to caution investors about the rampant frauds and scams being carried out by unscrupulous entities and the means with which investors can protect themselves while ...

Supreme Court of India has dismissed a Special Leave Petition filed by the Union of India, thereby upholding a Gujarat High Court judgment that allowed Yasho Industries Limited to pay the pre-deposit ...