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Highlights Highlights, Income Tax, GST, Import Eport and Corporate Laws

Legal Challenge: Non-Executive Director Fails to Justify 100-Day Appeal Delay Against SEBI Order, Application Dismissed
June 9, 2025   Case Laws     SEBI

Fair Hearing Granted: ICICI Bank Executive Wins Appeal Against Biased Investigative Proceedings with Procedural Safeguards Restored
June 9, 2025   Case Laws     SEBI

Refrigerant Gas Smuggling Ring Exposed: Four Conspirators Caught in Coordinated Customs Violation Under Section 112(a)
June 9, 2025   Case Laws     Customs

Company Secretary Cleared: No Liability Found for Financial Statements Signed Without Direct Evidence of Intentional Misconduct
June 9, 2025   Case Laws     SEBI

Customs Dispute Resolved: Export Consignment Tracking Proves Legitimate Freight Movement Without Fraudulent Intent
June 9, 2025   Case Laws     Customs

Imported Gold Jewellery Wins Duty Exemption as Customs Authorities Fail to Prove Origin Under India-Thailand Trade Agreement
June 9, 2025   Case Laws     Customs

Imported Styrene Butadiene Copolymer Classified as Styrene Polymer, Duty Demand Rejected Due to Insufficient Technical Evidence
June 9, 2025   Case Laws     Customs

Imported Goods Destroyed: Export Unit Wins Full Anti-Dumping Duty Refund Despite Notification Challenges
June 9, 2025   Case Laws     Customs

Importer Wins TPS Benefits for Plastic Granules, Tribunal Validates Scheme Interpretation Under Limited Actual User Conditions
June 9, 2025   Case Laws     Customs

Customs Valuation Appeal Succeeds: Invoice Cancellation and Procedural Errors Invalidate Duty Reassessment and Penalties
June 9, 2025   Case Laws     Customs

Customs Valuation Dispute: Imported Quick Recovery CDs Cleared After Procedural Errors Invalidate Duty Reassessment
June 9, 2025   Case Laws     Customs

Unaccounted Cash Recovery Leads to Reduced Penalty Under FEMA Section 10(4) for Non-Habitual Offender
June 9, 2025   Case Laws     FEMA

NRI Faces FEMA Penalty for Agricultural Land Hotel Construction Using Foreign Remittances, Penalties Substantially Reduced
June 9, 2025   Case Laws     FEMA

Foreign Remittance Rule Violation: Company Wins Partial Appeal, Retains Land but Faces Selective Penalties Under Regulatory Framework
June 9, 2025   Case Laws     FEMA

Habitual Criminal Activity Validates Property Attachment as Proceeds of Crime Under PMLA Section 24 Burden of Proof
June 9, 2025   Case Laws     Money Laundering

Legal Challenge Wins: Pandemic-Related Delays Can't Block Tax Resolution Scheme Benefits Under Legacy Dispute Rules
June 9, 2025   Case Laws     Service Tax

Employer's Closure Application Deemed Approved After Administrative Failure to Respond Within Statutory 60-Day Period Under Section 25-O(3)
June 9, 2025   Case Laws     Indian Laws

Cheque Dishonour Requires Willful Default, Not Forced Inoperability Under Section 138 of NI Act
June 9, 2025   Case Laws     Indian Laws

Cheque Bounce Case: Accused Fails to Rebut Presumption, Conviction Upheld with Compensation for Six-Year Delay
June 9, 2025   Case Laws     Indian Laws

Legal Challenge Fails: Cheque Dishonour Case Proceeds with Presumption of Validity Under Section 138 NI Act
June 9, 2025   Case Laws     Indian Laws

Gold Jewelry Imports Cleared: Passengers' Personal Effects Protected Under Customs Rules, Ensuring Immediate Release of Detained Items
June 9, 2025   Case Laws     Customs

Legal Milestone: Section 153C Limits Tax Probe to Six Years from Seized Material Receipt, Protecting Taxpayer Rights
June 9, 2025   Case Laws     Income Tax

Taxpayer Wins Capital Gains and Unexplained Money Dispute, Tribunal Rejects Revenue's Appeal on Statutory Grounds
June 9, 2025   Case Laws     Income Tax

Technical Transponder Charges Not Royalty: ITAT Upholds Tax Treatment for Intelsat Global Service Payments Under Section 9(1)(vi)
June 9, 2025   Case Laws     Income Tax

Tax Exemption Under Section 10(26) Overturned: Insufficient Hearing Leads to Case Remand for Fresh Evaluation of Income Claim
June 9, 2025   Case Laws     Income Tax

More Highlights

Articles Articles, Tax Laws, GST

Short Notes Short Notes

Procedural Evolution in Tax Return Assessment : Clause 270 of the Income Tax Bill, 2025 Vs. Section 143 of Income-tax Act, 1961
Transforming Faceless Inquiry of Tax Administration : Clause 532 of the Income Tax Bill, 2025 Vs. Section 142B of the Income-tax Act, 1961
Reforming Asset Valuation in Tax Assessments : Clause 269 of Income Tax Bill, 2025 Vs. Section 142A of Income-tax Act, 1961
Modernizing Inquiry and Special Audit Procedures in Indian Tax Law : Clause 268 of the Income Tax Bill, 2025 Vs. Section 142 of the Income-tax Act, 1961
Legal Implications of Updated Return Taxation : Clause 267 of the Income Tax Bill, 2025 Vs. Section 140B of the Income Tax Act, 1961
Evolution of Self-Assessment: Continuity and Change in Indian Tax Law : Clause 266 of the Income Tax Bill, 2025 Vs. Section 140A of the Income-tax Act, 1961
Modernizing the Verification of Tax Returns in India : Clause 265 of the Income Tax Bill, 2025 Vs. Section 140 of the Income-tax Act, 1961
Procedural Innovations in Tax Compliance : Clause 263(2)(a) of Income Tax Bill, 2025 Vs. Section 139D of the Income-tax Act, 1961
The Legal Transformation of Return Filing : Clause 263(2)(a) of the Income Tax Bill, 2025 Vs. Section 139C of the Income-tax Act, 1961
The Evolution of Tax Return Preparer Schemes : Clause 264 of the Income Tax Bill, 2025 Vs. Section 139B of the Income Tax Act, 1961
Strengthening Tax Compliance through PAN-Aadhaar Integration : Clause 262(9) of the Income Tax Bill, 2025 Vs. Section 139AA of the Income Tax Act, 1961
Legal Architecture of PAN, Aadhaar, and High-Value Transaction : Clause 262 of the Income Tax Bill, 2025 Vs. Section 139A of the Income Tax Act, 1961
A New Paradigm for Income Tax Return Filing in India : Clause 263 of the Income Tax Bill, 2025 Vs. Section 139 of the Income-tax Act, 1961
Regulation of Taxpayer Information Disclosure under Indian Income Tax Laws : Clause 258 of the Income Tax Bill, 2025 Vs. Section 138 of the Income-tax Act, 1961
Continuity and Change in the Judicial Status of Tax Proceedings : Clause 257 of the Income Tax Bill, 2025 Vs. Section 136 of the Income-tax Act, 1961
Legal Implications of Faceless Schemes in Income Tax : Clause 260 of the Income Tax Bill, 2025 vs. Section 135A of the Income-tax Act, 1961
Continuity and Change in the Powers of Tax Authorities to Make Enquiries : Clause 256 of the Income Tax Bill, 2025 and Comparative Analysis with Section 135 of the Income-tax Act, 1961
Inspection Powers of Tax Authorities over Company Registers : Clause 255 of Income Tax Bill, 2025 and Section 134 of Income-tax Act, 1961
The Transformation of Information-Gathering Powers : Clause 259 of the Income Tax Bill, 2025 Vs. Section 133C of the Income-tax Act, 1961
Statutory Powers to Collect Information in Tax Administration : Clause 254 of the Income Tax Bill, 2025 Vs. Section 133B of the Income Tax Act, 1961
Transformation of Income-tax Survey Provisions in India : Clause 253 of the Income Tax Bill, 2025 Vs. Section 133A of the Income-tax Act, 1961
Powers to Call for Information under the Income Tax Law : Clause 252 of the Income Tax Bill, 2025 Vs. Section 133 of the Income-tax Act, 1961
Balancing Revenue Recovery and Taxpayer Rights : Clause 250 of the Income Tax Bill, 2025 Vs. Section 132B of the Income-tax Act, 1961
Balancing Tax Enforcement and Procedural Fairness in the Search and Seizure : Clause 249 of the Income Tax Bill, 2025 Vs. Explanation to sub-section (1) of section 132A of the Income Tax Act, 1961
Evolution and Implications of Requisition Powers in Indian Income Tax Law : Clause 248 of the Income Tax Bill, 2025, Vs. Section 132A of the Income-tax Act, 1961

More Notes

Notifications Notifications

ADD

- Seeks to impose Anti Dumping Duty on imports of Vitamin -A Palmitate originating in or exported from China PR, European Union and Switzerland.
June 6, 2025

ADD

- Seeks to impose Anti Dumping Duty on imports of Insoluble Sulphur originating in or exported from China PR and Japan.
June 6, 2025

SEZ

- Special Economic Zones (Amendment) Rules, 2025
June 3, 2025

IT

- U/s 138(1) of IT Act 1961 - Central Government specifies Secretary to the Government of Maharashtra, Women and Child Development
June 3, 2025

Cus (NT)

- Sea Cargo Manifest and Transshipment (Third Amendment) Regulations, 2025
May 31, 2025

FTP

- Extension in Import Period for Yellow Peas under ITC (HS) Code 07131010 of Chapter 07 of ITC (HS) 2022, Schedule -I (Import Policy)
May 31, 2025

Co. Law

- Companies (Cost Records and Audit) Amendment Rules, 2025
May 30, 2025

Co. Law

- Companies (Registration Offices and Fees) Amendment Rules, 2025
May 30, 2025

Co. Law

- Companies (Audit and Auditors) Amendment Rules, 2025.
May 30, 2025

Co. Law

- Companies (Management and Administration) Amendment Rules, 2025.
May 30, 2025

Co. Law

- Companies (Accounts) Second Amendment Rules, 2025
May 30, 2025

IT

- Corrigendum - Notification No. 44/2025, dated 06th May, 2025
May 30, 2025

IT

- Zero Coupon Bond - Specified bond notified u/s 2(48) of the Income-tax Act, 1961
May 30, 2025

Cus (NT)

- Assignment of 700 cases of pending Appeals to the Commissioner of Customs (Appeals), Mumbai Zone-I by the CBIC
May 30, 2025

Cus (NT)

- Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
May 30, 2025

More Notifications

Circulars/ Public Notices Circulars/ Public Notices

SEBI

- Extension of timeline of additional liquidation period for VCFs migrating to SEBI (Alternative Investment Funds) Regulations, 2012
June 6, 2025

SEBI

- Framework for Environment, Social and Governance (ESG) Debt Securities (other than green debt securities)
June 5, 2025

SEBI

- Limited relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
June 5, 2025

Customs

- Implementation of "Agreement" signed between FSSAI, Ministry of Health and Family Welfare, Government of India and Bhutan Food and Drug Authority (BFDA)
June 5, 2025

SEBI

- Margin obligations to be given by way of Pledge/Re-pledge in the Depository System
June 3, 2025

SEBI

- Investor Charter for Research Analysts
June 2, 2025

SEBI

- Investor Charter for Investment Advisers
June 2, 2025

Customs

- Removal of Port Restrictions and Testing Requirements for Export of Finished Leather, Wet Blue Leather, El Tanned Leather and Crust Leather
June 2, 2025

DGFT

- Enlistment under Appendix 2E of FTP, 2023 -Agency Authorized to issue Certificate of Origin (Non - Preferential)
May 30, 2025

SEBI

- Measures for Enhancing Trading Convenience and Strengthening Risk Monitoring in Equity Derivatives
May 29, 2025

Income Tax

- Extension of the due date for filing of Income Tax Returns for non-audited cases for the Assessment Year 2025-26
May 27, 2025

SEBI

- Final Settlement Day (Expiry Day) for Equity Derivatives Contracts
May 26, 2025

SEBI

- Process for appointment, re-appointment, termination or acceptance of resignation of specific Key Management Personnel (KMPs) of a Market Infrastructure Institution (MII)
May 26, 2025

IBC

- Launch of Revised Forms for Corporate Insolvency Resolution Process (CIRP).
May 26, 2025

SEBI

- Accessibility and Inclusiveness of Digital KYC to Persons with Disabilities
May 23, 2025

More Circulars

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Jiva Seva is Shiva Seva:
Service to humanity is Service to God

May I be born again and again, and suffer thousands of miseries so that I may worship the only God that exists, the only God I believe in, the sum total of all souls—and above all, my God the wicked, my God the miserable, my God the poor of all races, of all species, is the special object of my worship.

- Swami Vivekananda, CW, 5:137

 

 

 

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