Anjali Verma

Anjali Verma

Anjali Verma

From Anjali Verma

GST

GST Network Brought Under the Purview of PMLA

The Central Government has issued a notification dated 7 July by which it has brought the Goods and Services Tax Network

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Justice-Moushumi-Bhattacharya

Calcutta High Court: Defaulting Buyer Not Liable to Pay Interest at Three Times Bank Rate if Supplier is a Medium Enterprise Under MSMED Act

The Calcutta High Court has ruled that where a ‘supplier’ is a ‘medium enterprise’ under Section 16 of the Micro, Small

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SEBI

SEBI Passes Settlement Order in Respect of JP Morgan Chase Bank after payment of Rs 22.10 lakh

The Securities and Exchange Board of India (SEBI) has passed a settlement order in respect of JP Morgan Chase Bank in a

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ITAT

ITAT (Rajkot): 'Prima Facie Belief' Key for Initiating Income Tax Proceedings

The Rajkot bench of the Income Tax Appellate Tribunal (ITAT) has ruled that under Section 147 of the Income Tax Act

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Supreme-Court

Supreme Court: Insurance Company cannot deny compensation and renewal after confirming concealment of disease was not material

The appellant had not disclosed that his wife was suffering from rheumatic heart disease, though she died due to ovarian cancer

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Supreme-Court

Supreme Court: ‘Suppression of Facts’ is a Deliberate Act of Non-Disclosure Aimed at Evading Duty & Not Mere Act of Omission

The Supreme Court has ruled in favor of M/s Reliance Industries Ltd. and dismissed the appeals filed by the Revenue

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Reliance

NCLT Mumbai Approves Demerger of Financial Services Unit of Reliance

The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the demerger of the financial services business

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AAR

AAR (Telangana): No GST on Compensation for Contractual Delays Without Supply

The Telangana Authority for Advance Rulings has determined that the amount agreed upon and settled by M/s. TPSC (India)

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Cyber-Security

SEBI Issues Proposal for Comprehensive Cyber-Security and Cyber-Resilience Framework

The Securities and Exchange Board of India (SEBI) has issued a consultation paper on ‘Consolidated Cybersecurity and Cyber

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Secured-Creditor

Bombay High Court: Secured Creditor has Priority Over the Central/State Government or local authority under SARFAESI Act, 2002

The Bombay High Court has observed that secured creditor has priority over the dues of the Central government, state government

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BCI

Supreme Court: BCI Cannot Collect High Enrolment Fee in Guise of ‘Welfare Scheme’

The Supreme Court issued notice on a transfer petition filed by the Bar Council of India seeking to transfer to the Supreme

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CESTAT

CESTAT: Sub-contractors Providing Taxable Services Not Immune to Levy of Service Tax

The appellant had not filed the service tax returns for over five years

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