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New Internal Audit Mandate Bolsters Governance for Indian Private Companies
Discover how India's new internal audit mandate impacts private companies exceeding specific financial thresholds, enhancing governance.
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Farmer Wins Landmark Case Against Seed Giant for Substandard Produce
Discover how a farmer successfully sued a seed giant for defective tomato seeds, winning damages for crop failure.
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Legal Battle Over IBC Appeal Delay Highlights Procedural Hurdles
Explore the NCLAT's review of a delayed IBC appeal, highlighting the procedural challenges faced by Excel Arcade Private Limited against Unity Small Finance...
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Hyderabad Homebuyers Sue Developer Over Delayed Occupancy Certificates and Parking
Hyderabad homebuyers reignite legal battle against Lodha developer over delayed occupancy certificates and inadequate parking.
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Customs Tribunal Hears Kalpena Plastiks Ltd. Appeal Against Kolkata Port Authority Ruling
CESTAT hears Kalpena Plastiks Ltd.'s appeal against Kolkata Customs regarding duty discrepancies, detailing the dispute and its implications.
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CESTAT Rules Discount Abatement Practical for Jewellery Sector, Citing Trade Realities
CESTAT rules jewellery businesses can claim excise duty discount abatements using consolidated sales data, simplifying compliance for the sector.
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Kerala High Court Upholds GST DRC-01 Notice, Directs Taxpayer to Statutory Appeals
Kerala High Court upholds GST DRC-01 notice, directing taxpayers to statutory appeals and clarifying Section 74 compliance.
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Insolvency Proceedings Advance as One-Time Settlement Fails Despite Extensions
NCLT admits insolvency proceedings as a One-Time Settlement fails despite extensions, confirming OTS discussions don't halt corporate resolution.
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ITAT Overturns Bogus Purchase Disallowance Due to Lack of Evidence
ITAT overturned a purchase disallowance, emphasizing that tax officers need concrete evidence, not just assumptions, to prove bogus transactions.
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Gauhati High Court Quashes GST Order Over Improper Notice Procedures
The Gauhati High Court quashed a GST order, ruling that improper notice procedures invalidate tax demands, highlighting critical procedural safeguards.