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FEMA Rules

POCSO Reporting Is Mandatory, Schools Can’t Conduct Their Own Inquiry: Supreme Court

The Supreme Court has held that reporting under Protection of Children from Sexual Offences...

GST ITC on Belated Returns: Karnataka High Court Restores GST Proceedings, Says Taxpayer Must Get Opportunity to Claim ITC Under Amended Law

The Karnataka High Court has quashed an adjudication order and consequential tax demand against...
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Finance Ministry Amends FEMA Rules to Allow Bonus Shares for Foreign Shareholders in Prohibited Sectors

The Ministry of Finance has amended the Foreign Exchange Management (Non-debt Instruments) Rules, 2019,...

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POCSO Reporting Is Mandatory, Schools Can’t Conduct Their Own Inquiry: Supreme Court

The Supreme Court has held that reporting under Protection of Children from Sexual Offences...

GST ITC on Belated Returns: Karnataka High Court Restores GST Proceedings, Says Taxpayer Must Get Opportunity to Claim ITC Under Amended Law

The Karnataka High Court has quashed an adjudication order and consequential tax demand against...

Karnataka High Court Examines GST ITC Eligibility and Validity of Common Multi-Year Tax Notices

The Karnataka High Court has granted interim relief in a writ petition raising significant...

Voluminous Records Not a Ground for Delayed Filing of Evidence in Commercial Suits: Supreme Court

The Supreme Court has reaffirmed the strict procedural framework governing commercial disputes by refusing...