SEBI Imposed Rs. 7 Lakh Penalty on RIL Subsidiary Reliance Strategic Investments for Indulging in Box Trade Activities The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs. 7...
U.S. FTC Issues Notice of Penalty Offenses Concerning Substantiation of Product Claims The United States Federal Trade Commission (FTC) issued a letter containing a Notice of Penalty Offenses...
Supreme Court Reiterates: Issuance of Specific Show Cause Notice is Mandatory for Imposition of Penalty The Supreme Court by its coram comprising of Justices Dinesh Maheshwari and Sanjay Kumar while...
ITAT: In Absence of Proper Show Cause Notice, there is No Merit in Levy of Penalty The Income Tax Appellate Tribunal (ITAT), Delhi by its two-member bench of Anil Chaturvedi (Accountant Member) and...
NCLAT Rejects MakeMyTrip Plea for Advance Hearing on Rs 223.48 crore Penalty The National Company Law Appellate Tribunal (NCLAT) declined to entertain MakeMyTrip's application to advance the hearing...
SEBI levies Rs. 28 lakh penalty on Pinnacle Market Investment Advisory The Securities Exchange Board of India (in short SEBI) imposed penalty amounting to Rs. 28 lakh on Pinnacle Market Investment...
Draft of new Digital Data Protection Bill released; Government proposes penalty of up to ₹500 crore; first in India to use 'she/her' pronouns for all genders The draft is open for public comment till...
CESTAT: Penalty on Customs Broker, sets aside, revenue futile to establish Goods in Shipping Bills, didn't reflect truth to be Exported The Chennai Bench of the Customs, Excise and Service Tax...
Supreme Court Stays Recovery of Rs. 27 cr Penalty on NDTV Imposed By SEBI The Supreme Court (SC) on 25 March 2021, granted relief to Prannoy Roy and Radhika Roy, the promoters of NDTV, by putting a...
Madras High Court Grants Relief to Mahindra, Quashes Penalty The Madras High Court (HC) in the case titled, Mahindra & Mahindra Ltd. (Appellants) v. The Joint Commissioner (CT) (Respondents)...
ITAT says Penalty Can't Be Imposed If There Is No Concealment in IT Return The Income Tax Appellate Tribunal (ITAT), Mumbai bench, in its order dated 23 February 2021, directed to delete the imposed...
Delhi HC orders Stay on Financial Intelligence Unit order levying Rs. 96 lakh penalty on PayPal The Delhi High Court on 12th January passed a stay order from imposing a penalty of Rupees Ninety-six...
