Clipped from: https://www.business-standard.com/article/current-affairs/bank-loan-fraud-enforcement-directorate-arrests-md-of-hyderabad-firm-122011801504_1.html Avasarala Venkateswara Rao of Servomax India Private Limited (SIPL) was arrested on Monday The office of Enforcement Directorate (ED). Photo: Suryakant Niwate The
Category: Legal
HC is required to re-appreciate entire evidence in case of acquittal: SC | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/hc-is-required-to-re-appreciate-entire-evidence-in-case-of-acquittal-sc-122011801345_1.html The Supreme Court on Tuesday held that in case of acquittal in a criminal matter, being the first appellate court, the High Court
Devas deal & its aftermath | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/devas-antrix-deal-explained-7730674/ On Monday, the Supreme Court upheld a May 25, 2021 order of the National Company Law Tribunal (NCLT) to liquidate Devas on the
Taxman challenges HC order quashing reassessment notices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/taxman-challenges-hc-order-quashing-reassessment-notices/articleshow/88981683.cmsSynopsis In the 2021 budget, the government had amended a provision governing reassessment proceedings under Section 148 of the Income-Tax Act, 1961. The amendment
Cannot allow builders to fleece the middle-class: SC – The Hindu
Clipped from: https://www.thehindu.com/news/national/cannot-allow-builders-to-fleece-the-middle-class-sc/article38282235.ece Frame a model “model builder-buyer and agent-buyer” agreement to ensure fair play, it tells Centre The Supreme Court on Monday told the Centre
AAAR ruling on salary to impact head office-branch GST dynamics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/aaar-ruling-on-salary-to-impact-head-office-branch-gst-dynamics/articleshow/88938019.cmsSynopsis Cummins India had approached the AAAR with questions including whether allocation of the cost of employees’ salary by the head /corporate office to
Govt must consider extension of expiry dates under provisions | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-consider-extension-of-expiry-dates-under-provisions-122011601099_1.html During the first and second waves of the pandemic, the government extended many deadlines for filing various applications and even the expiry dates
Bogus ITC Case- HC grants bail to CA on furnishing bail bond of Rs. 50 Lakh-TAXGURU.IN
Clipped from: https://taxguru.in/goods-and-service-tax/bogus-itc-case-hc-grants-bail-ca-furnishing-bail-bond-rs-50-lakh.html?utm_source=feedburner&utm_medium=email Amit Kumar Agarwal @ Amit Agarwal Vs State of Odisha (Orrisa High Court) As far as the allegation is concerned, the petitioner being
Gujarat HC clarifies blocked Electronic Credit Ledger for GST assessee automatically gets unblocked after 1 year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/guj-hc-clarifies-blocked-electronic-credit-ledger-for-gst-assessee-automatically-gets-unblocked-after-1-year/article64836774.ece Ruling to help in more effective implementation of CBIC’s November circular Gujarat High Court has made it clear that electronic credit ledger of
Insurer can’t refuse claim by citing existing medical condition: Supreme Court – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/insurer-cant-refuse-claim-by-citing-existing-medical-condition-supreme-court-317189-2021-12-29 A bench of justices D Y Chandrachud and B V Nagarathna also said a proposer is under a duty to disclose to the
Writ petition not maintainable against proceedings by banks: SC | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/writ-petition-not-maintainable-against-proceedings-by-banks-sc-122011300023_1.html The apex court held this while vacating the order passed by the Karnataka High Court (HC) The Supreme Court on Wednesday said borrowers, aggrieved by
HC rules undervaluation of goods by itself no ground to confiscate them | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/cannot-confiscate-just-for-undervaluing-goods-gujarat-high-court-122011300034_1.html Alteration of route from that declared in e-way bill by itself is also no ground to confiscate goods. Gujarat High Court The Gujarat high
Covid surge: SC accepts plea to revive limitation extension orders | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-surge-sc-accepts-plea-to-revive-limitation-extension-orders-122011000367_1.html The Supreme Court on Monday agreed to extend the limitation period of filing cases across judicial and quasi-judicial fora in the country. Supreme
Covid surge: SC accepts plea to revive limitation extension orders | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-surge-sc-accepts-plea-to-revive-limitation-extension-orders-122011000367_1.html The Supreme Court on Monday agreed to extend the limitation period of filing cases across judicial and quasi-judicial fora in the country. Supreme
SME director among two arrested in connection with input tax credit fraud | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/mumbai-sme-director-arrested-input-tax-credit-fraud-7713595/ CGST officials have arrested Omnipotent Industries Ltd director Punit Popat and Siddhanath Mishra, the proprietor of Shree Bitumax Trading. They have been remanded
Businesses to be given ‘reasonable time’ to explain mismatch in GSTR-1, 3B | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/businesses-to-be-given-reasonable-time-to-explain-mismatch-in-gstr-1-3b-122010900301_1.html Tax officers will give reasonable time to erring business to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax
Mandatory pre-litigation mediation needs lot of ground work before rollout – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/mandatory-pre-litigation-mediation-needs-lot-of-ground-work-before-rollout/article38204536.ece The question that looms large in the Indian context is whether India is ready for mandatory mediation as a pre-litigation tool. – Getty
Economic laws don’t always hold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/economic-laws-dont-always-hold/article38205860.ece Bond yields, food inflation, credit growth and rupee value don’t seem to be guided now by the forces of demand and supply The
Below the line – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/below-the-line/article38207018.ece Difficult slog overs There are multiple interest groups ranging from foreign multinationals and large domestic retailers to local traders and mom-n-pop store owners
ETtech Opinion | A holistic approach to personal data protection – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/catalysts/ettech-opinion-a-holistic-approach-to-personal-data-protection/articleshow/88775228.cms SynopsisThe Parliamentary panel’s recommendations on the Data Protection Bill 2021 also supports the growth of an innovation & data-driven digital economy Currently, a
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