Search result for 'i-t notice'

The Customs department has urged the Bombay High Court to dismiss Skoda's plea for relief in a USD 1.4 billion tax case, warning of 'catastrophic consequences' if the company is granted relief. The...

The Bombay High Court has asked India's Customs department to explain why a $1.4 billion tax demand against Volkswagen, issued in 2024, was not barred by the statute of limitations. The auto...

Sebi has ordered the attachment of bank, demat, and mutual fund accounts of 10 individuals to recover Rs 1.25 crore in the Eros International Media case. The regulator alleges non-compliance with...

UPL and its promoter Jaidev Shroff have settled a Sebi case related to alleged regulatory violations, paying Rs 20.2 crore in settlement charges. The case involved allegations of routing funds to...

SEBI cautions investors against investing in SME companies suspected of share price manipulation, urging them to be vigilant and rely on verified information. Promoters of some SME companies have...

India's aviation regulator DGCA has fined Air India Rs 90 lakh for operating a flight with unqualified crew members, citing safety concerns.

TRAI warns of fraudulent calls threatening mobile number disconnection. The regulator clarifies it doesn't initiate such communication and advises users to be vigilant.

CBIC issues instructions for early GST recovery, allowing officials to initiate proceedings before the stipulated three months in certain cases. This aims to balance revenue protection and ease of...

Sebi has ordered the attachment of bank and demat holdings of Anugrah Stock and Broking to recover Rs 1.22 crore dues for violation of market norms. The regulator found the broker misused client...

The Reserve Bank of India has restrained a card network from allowing businesses to make card payments through intermediaries to entities that do not accept card payments, citing a lack of legal...

India's road transport ministry clarifies that motorcycles are eligible for contract carriage permits under the Motor Vehicles Act, 1988. Learn about the legal status of bike taxis.

The Supreme Court has permitted Indian Oil Corporation (IOC) and ArcelorMittal Nippon Steel India Limited (AMNSIL) to initiate arbitration to resolve their dispute over Essar Steel India Limited.

India's Competition Commission has cleared Seventy Second Investment Company's proposed acquisition of a stake in Manipal Health Enterprises, a leading healthcare provider in India.

Delhi High Court rules e-commerce platforms must protect intellectual property rights and prevent counterfeiters from using their platforms. The court emphasizes the need for robust mechanisms to...

Sebi has ordered the attachment of bank and demat accounts of Arun Panchariya to recover over Rs 26 crore due in a GDR manipulation case involving Hiran Orgochem.

India's government assures ample urea and DAP fertiliser availability for the current rabi season, exceeding demand. Sowing of wheat and pulses is underway.

The Competition Commission of India (CCI) proposes fees for filing miscellaneous applications to expedite case disposal. Stakeholders can submit comments by January 1, 2024.

The Finance Ministry has detected Rs 345 crore in GST evasion against lottery distributors since July 2017. Read about the cases, recoveries, and the Ministry's efforts to mitigate money laundering...

India aims to resolve a WTO dispute with the EU over ICT import duties through free trade talks. The EU seeks duty concessions, but India insists on an FTA framework.

Sebi has issued a demand notice to Arun Panchariya, asking him to pay Rs 26.25 crore in a case on manipulation of global depository receipts (GDRs) issuance by Hiran Orgochem Ltd.