A show cause notice was issued proposing to demand service tax of over Rs.8 crores under “works contract” service based on comparison between TDS data (26AS) and ST-3 returns filed by the appellant.

As per Section 173 (3) of the Companies Act, a board meeting must only be called by giving a notice of not less than 7 days to every director at his address registered with the company, handing them ...

SEBI has launched the (DNVS) to improve transparency and allow for the verification of documents it issues. This system assigns a unique Outward Number to physical communications like letters and ...

The lack of a regulatory framework in rural real estate markets deters institutional investment and hinders structured development. Without legal safeguards, banks, financial institutions, and ...

Additionally, the circular specifies that FPIs can sell Credit Default Swaps (CDS) up to 5% of the total outstanding corporate bond stock, translating to a new limit of ₹2,93,612 crore for 2025-26.

Effect of this Notification: The Import Policy of “Roasted Areca Nuts” falling under ITC (HS) Code 08028090 and 20081920 is revised from “Free” to “Prohibited” and Import shall be free if CIF Value is ...

ITAT Nagpur held that rejecting application for registration u/s. 10 (23C) of the Income Tax Act for the acts which have not ...

ITAT Raipur held that there were justifiable reasons for the assessee firm of having remained unaware about the on-going ...

Following Budget 2024, the long-term capital gains on domestic and foreign equity funds/ETFs/FOFs were to be taxed at 12.5%.

Jharkhand High Court ruled that tax authorities must follow the due process before passing adjudication orders under the ...

The Directorate General of Foreign Trade (DGFT) has amended India’s import policy by including the Darranga Land Custom Station (LCS) as a designated food import entry point. This change, effective ...

Finance Bill 2025 proposes a revised tax structure under the new regime, exempting annual income up to ₹12 lakh for resident individuals through a rebate. The new tax slabs introduce a progressive tax ...