Karnataka High Court held that recovery made pending adjudication is contrary to law and accordingly contrary to Article 265 of the Constitution of India. Hence, amount recovered is liable to be ...
Insurance Regulatory and Development Authority of India (IRDAI) issued a ₹1 crore penalty against Marsh India Insurance Brokers Pvt Ltd. following a remote inspection conducted in January 2022. The ...
Securities and Exchange Board of India (SEBI) has introduced a Liquidity Window facility for debt securities through its latest circular, effective November 1, 2024. This facility aims to enhance ...
During the appellate proceedings, the Ld. CIT (A) upheld the AO’s disallowances, stating that the assessee failed to provide necessary evidence justifying the claimed expenses. The appellant contended ...
ITAT Delhi by applying purpose test held that excise duty refund under Incentive Scheme 2001 received by company is not liable to tax as it is in the nature of capital receipt.