Supreme Court update- On 28 April 2023, supreme court reversed the decision of the Gujarat high court. The court said that the decision was arbitrary.The order of the Gujarat high court was set aside. In para 75 of the judgment following was pronounced- “75. For
Introduction: Prevention of Money Laundering—Power of High Court to condone the delay in filing an appeal—the High Court has no power to condone the delay beyond 120 days.—The Assistant Director, DoE, New Delhi v. Omar Ali Obaid Balsharaf: 2020 (2) LRC 651(Del) Case Covered: The
Case Covered: Mohammed Shereef Versus The State of Kerala Facts of the Case: The petitioner, who is a purchaser of fresh turmeric from an agriculturist in Karnataka, has approached this Court aggrieved by the detention of the consignment, while in transit, at Muthanga in Wayanad.
Income Tax Department conducts searches in Kerala The Income Tax Department has carried out search and seizure operations on 05.11.2020 in the case of a well-known self-styled evangelist of Thiruvalla in Kerala and his group of various trusts that enjoy exemption under the Income-tax Act,
Case Covered: Krishnakumar Versus The Asst.State Tax Officer Facts of the Case: The petitioner has approached this Court aggrieved by Exts.P6 and P7 detention notices issued to him by the 1st respondent detaining a consignment of used generators that were being transported at his instance.
Case Covered: M/s. Golcha Properties Pvt. Ltd. Versus Principal Commissioner of Service Tax Facts of the Case: The Appellant, an owner of a cinema hall called ‘Golcha Cinema’ and engaged in the business of exhibiting films in this theatre, has assailed the order dated January
The Lakshmi Vilas Bank Ltd.: RBI announces Draft Scheme of Amalgamation The Reserve Bank of India has today placed in the public domain a draft scheme of amalgamation of The Lakshmi Vilas Bank Ltd. (LVB) with DBS Bank India Ltd. (DBIL), a banking company incorporated
Atmanirbhar Bharat Package 3.0 State of Economy – Strong Recovery • COVID active cases decline from over 10 lakh to 4.89 lakh active cases with Case Fatality Rate (CFR) at 1.47 percent • Composite Purchase Managers Index (PMI) rose to 58.9 in Oct vs. 54.6
To All Authorised Persons Madam/Sir Discontinuation of Returns/Reports under the Foreign Exchange Management Act, 1999 The attention of Authorised Persons is invited to the Master Direction – Reporting under Foreign Exchange Management Act, 1999 dated January 01, 2016, as amended from time to time, and
GST Return Filing System (version 3.0) From 01-01-2021 Intention to Overhaul GST return filing system, But is it correct solution in reality??? (NOTIFICATION 82 TO 85 to notify/amend rule 60/61/62/61A. Also Circular No. 143/13/2020 is issued) This article is presented in a manner it is
