Non-compliance attracts penalties, including ₹5 lakh for the company and ₹50,000 plus a daily penalty of ₹1,000 for directors ...

The National Payments Corporation of India (NPCI) has issued a circular introducing modifications to rejection reason codes for National Automated Clearing House (NACH) E-Mandates. These updates aim ...

The Central Bureau of Investigation (CBI) arrested three accused including Regional Provident Fund Commissioner and Enforcement Officer, both of EPFO, Baddi, Solan (HP) and a consultant (private ...

Liquidators are directed to list all unsold assets from ongoing liquidation cases on eBKray within seven days of submitting the asset memorandum to the adjudicating authority. For new cases commencing ...

The Employees’ Provident Fund Organisation (EPFO) has issued updated guidelines for processing physical claims for specific member categories unable to link Aadhaar to their Universal Account Number ...

1. (1) These rules may be called the Income-tax (Tenth Amendment) Rules, 2024. (2) Save as otherwise provided in these rules, they shall deemed to have come into force on the 1 st day of April, 2024.

Delhi High Court held that cancellation of GST registration with retrospective effect merely because the taxpayer has not ...

Delhi High Court held that levy of penalty under section 271 (1) (c) of the Income Tax Act without specifying the limb i.e.

Appeal preferred an appeal before CIT (A), however, with a delay of 208 days. Accordingly, CIT (A) dismissed the appeal and held that as appellant has not provided a plausible explanation for the ...

Hon’ble Delhi High Court in the case of Haryana Acrylic Manufacturing Co. Vs. CIT had held that when the reasons supplied to ...

ITAT Delhi held that CPC wrongly processed return by considering due date as 5 th August instead of 31 st October. Accordingly, interest charged under section 234A of the Income Tax Act deleted and ...

While displaying compassion, humanity, magnanimity and so also taking into account a very holistic view of the deleterious ...