Fresh Notice to Legal Heirs of Borrower Not required to take Possession u/s 14 SARFAESI Act: J&K HC [Read Order]

Mst. Sundri vs The Jammu & Kashmir Bank LtdThe Jammu & Kashmir High Court ruled that a secured creditor may use Section 14 of the Securitization and Reconstruction of Financial…

Continue ReadingFresh Notice to Legal Heirs of Borrower Not required to take Possession u/s 14 SARFAESI Act: J&K HC [Read Order]

GST Applicable on Batteries Manufactured using Extracted Silver received for Free from Navy: AAAR holds Activity is Not Job Work [Read Order]

The Tamil Nadu Appellate Authority for Advance Ruling (AAAR) recently upheld the decision of the Authority for Advance Ruling that Goods and Services Tax (GST) is applicable on the value of silver that is…

Continue ReadingGST Applicable on Batteries Manufactured using Extracted Silver received for Free from Navy: AAAR holds Activity is Not Job Work [Read Order]

MCA Imposes ₹3 Lakh Penalty on Private Company and Directors for Failing to Maintain Registered Office

In a recent adjudication order passed by the Ministry of Corporate Affairs (MCA), Registrar of Companies, Telangana, a penalty of Rs. 3 lakh was imposed on a private limited company and its…

Continue ReadingMCA Imposes ₹3 Lakh Penalty on Private Company and Directors for Failing to Maintain Registered Office

‘Admitted Liability’ Auto-Selection on GST Portal Misled Assessee: Madras HC Allows Liberty to File GST Appeal Despite Delay [Read Order]

Due to uncertainty produced by the GSTN interface, the Madras High Court recently ruled that the assessee had the right to appeal a GST (Goods and Services Tax) assessment order even after the statute…

Continue Reading‘Admitted Liability’ Auto-Selection on GST Portal Misled Assessee: Madras HC Allows Liberty to File GST Appeal Despite Delay [Read Order]