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Govt Grants Income Tax Exemption to BBNDA with Conditions
tax

Govt Grants Income Tax Exemption to BBNDA with Conditions

The government has issued an income tax exemption for BBNDA, applicable between FY 2018-19 and 2022-23, contingent on compliance with non-commercial activities.

Jul 18, 2026Read more →
SEBI Warns About CEO/MD Impersonation Scams
Securities Appellate Tribunalcorporate

SEBI Warns About CEO/MD Impersonation Scams

SEBI has issued a warning to regulated entities and listed companies regarding impersonation scams involving CEOs and MDs, advising them on verification practices and cyber security measures.

Jul 18, 2026Read more →
Calcutta HC Orders Release of ₹1.38 Crore Deposit to One Man Committee
Calcutta High Courtcorporate

Calcutta HC Orders Release of ₹1.38 Crore Deposit to One Man Committee

The Calcutta High Court has directed the transfer of ₹1.38 crore, along with accrued interest, to the One Man Committee, dismissing a related writ petition as withdrawn.

Jul 18, 2026Read more →
ROC Kolkata Imposes Penalty for Delayed CSR-2 Filing
ROC Cuttackcorporate

ROC Kolkata Imposes Penalty for Delayed CSR-2 Filing

The ROC Cuttack has imposed penalties due to a four-year delay in filing Form CSR-2 for FY 2020-21, totaling ₹2 lakh on the company and ₹50,000 each on two officers.

Jul 18, 2026Read more →
ROC Kolkata Penalizes Company for MGT-7 Filing Errors
ROC Kolkatacorporate

ROC Kolkata Penalizes Company for MGT-7 Filing Errors

The Registrar of Companies (ROC) Kolkata has imposed penalties for incorrect MGT-7 filings on a company and its certifying director, totaling ₹10,000.

Jul 18, 2026Read more →
NCLT Denies Liquidation Status to Jet Lite Employees
NCLTcorporateinsolvency

NCLT Denies Liquidation Status to Jet Lite Employees

The NCLT ruled that employees of Jet Lite cannot be recognized as workmen of Jet Airways during liquidation due to their payroll status.

Jul 17, 2026Read more →
ROC Kolkata Penalises Company for Incorrect AOC-4 Filing
ROC Kolkatacorporate

ROC Kolkata Penalises Company for Incorrect AOC-4 Filing

The ROC Kolkata has issued penalties against a company and its director for incorrect filing of AOC-4, reflecting stricter regulatory oversight in corporate disclosures.

Jul 17, 2026Read more →
ROC Kolkata Penalties for Incorrect MGT-7 Filing
ROC Kolkatacorporate

ROC Kolkata Penalties for Incorrect MGT-7 Filing

The Registrar of Companies in Kolkata has imposed penalties on a company and its certifying director for incorrect MGT-7 filings, reinforcing compliance under Rule 8(3) and Section 450.

Jul 17, 2026Read more →
UK Imports Get Customs Duty Concessions Under TRQ and Origin Conditions
N/Atax

UK Imports Get Customs Duty Concessions Under TRQ and Origin Conditions

Customs duty concessions for specified UK imports effective from 15 July 2026, as per Notification No. 29/2026-Customs, subject to TRQ and origin criteria.

Jul 17, 2026Read more →
Tariff Values Revised for Edible Oils, Gold, Silver & Brass Scrap Effective 16 July 2026
N/Atax

Tariff Values Revised for Edible Oils, Gold, Silver & Brass Scrap Effective 16 July 2026

The CBIC has revised tariff values for edible oils, gold, silver, and brass scrap effective from 16 July 2026, while maintaining the areca nut tariff value.

Jul 17, 2026Read more →
CCPA Directs Chaayos to Refund Service Charge and Penalizes
N/Aconsumer

CCPA Directs Chaayos to Refund Service Charge and Penalizes

The CCPA has instructed Chaayos to refund a restaurant service charge and imposed a penalty of ₹50,000 for infringing upon consumer protection guidelines, reflecting the authority's vigilance in consumer rights enforcement.

Jul 17, 2026Read more →
Supreme Court Dismisses Miscellaneous Application Against Signed Order
Supreme Court of Indiacivil

Supreme Court Dismisses Miscellaneous Application Against Signed Order

The Supreme Court dismissed a miscellaneous application challenging its own signed order, declaring it not maintainable and imposing a cost. This ruling affirms the finality of judgments and the procedural integrity of the court's orders.

Jul 17, 2026Read more →
Allahabad HC Upholds Rejection of Plaint for Deficient Pleadings
Allahabad High Courtcivil

Allahabad HC Upholds Rejection of Plaint for Deficient Pleadings

The Allahabad High Court upheld the rejection of a plaint under Order VII Rule 11 for deficiencies in adverse possession claims and inadequate declarations. This ruling stresses the importance of precise pleadings in civil litigation.

Jul 17, 2026Read more →
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