Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![Company Cannot Utilise Private Placement Funds Before Filing Return of Allotment in E- Form PAS-3: MCA [Read Notification]](https://images.taxscan.in/h-upload/2025/11/21/2107114-mca-placement-e-form-pas-3-taxscan.webp "Company Cannot Utilise Private Placement Funds Before Filing Return of Allotment in E- Form PAS-3: MCA [Read Notification]")
Company Cannot Utilise Private Placement Funds Before Filing Return of Allotment in E- Form PAS-3: MCA [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has ruled that a company cannot utilise funds raised through private placement until the return of...
![Service of Notice before Income Tax Reassessment is Mandatory: Jharkhand HCC Quashes Penalty u/s 271(1)(b) [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/2107097-income-tax-reassessment-taxscan.webp "Service of Notice before Income Tax Reassessment is Mandatory: Jharkhand HCC Quashes Penalty u/s 271(1)(b) [Read Order]")
![Minutes Not Serially Numbered: MCA Imposes Rs. 40k Penalty on Company [Read Notification]](https://images.taxscan.in/h-upload/2025/11/21/2107085-mca-penalty-minutes-not-serially-numbered-mca-imposes-penalty-on-company-taxscan.webp "Minutes Not Serially Numbered: MCA Imposes Rs. 40k Penalty on Company [Read Notification]")
![Failure to File CHG-1 after Creation/Modification of Charge attracts Penalty: MCA [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/2107095-mca-file-chg-1-penalty-failure-to-file-chg-1-taxscan.webp "Failure to File CHG-1 after Creation/Modification of Charge attracts Penalty: MCA [Read Order]")
![GST Payer uses Writ Petitions as Tool to Bypass 10% Pre-Deposit: Allahabad HC notes Henderson Principle, Dismisses Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/2106880-predeposit-hc-taxscan.webp "GST Payer uses Writ Petitions as Tool to Bypass 10% Pre-Deposit: Allahabad HC notes Henderson Principle, Dismisses Petition [Read Order]")
CBDT Raises Monetary Threshold to ₹2 Crore for HC Appeals: Chhattisgarh HC Disposes of Revenue’s Appeal [Read Order]
The Chhattisgarh High Court has disposed of an income-tax appeal filed by the Revenue after the Department conceded that the case no longer met the revised monetary threshold prescribed by the...
![CBDT Raises Monetary Threshold to ₹2 Crore for HC Appeals: Chhattisgarh HC Disposes of Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/2106536-monetary-limits-tax-taxscan.webp "CBDT Raises Monetary Threshold to ₹2 Crore for HC Appeals: Chhattisgarh HC Disposes of Revenue’s Appeal [Read Order]")
SEBI amends Listing and Disclosure Requirements, New Schedule Inserted for Material Related Party Transactions [Read Notification]
The Securities and Exchange Board of India ( SEBI ) has notified the Listing Obligations and Disclosure Requirements (Fifth Amendment) Regulations, 2025, inserting a new schedule for Related...
![SEBI amends Listing and Disclosure Requirements, New Schedule Inserted for Material Related Party Transactions [Read Notification]](https://images.taxscan.in/h-upload/2025/11/20/2106837-sebi-taxscan.webp "SEBI amends Listing and Disclosure Requirements, New Schedule Inserted for Material Related Party Transactions [Read Notification]")
![Govt brings Major Amendments to Capital Gain Accounts Scheme: Know Complete details [Read Notification]](https://images.taxscan.in/h-upload/2025/11/20/2106831-govt-brings-major-amendments-capital-gain-accounts-scheme-txn.webp "Govt brings Major Amendments to Capital Gain Accounts Scheme: Know Complete details [Read Notification]")
GST E-way bill Expires due to Kanwar Yatra Traffic ban: Allahabad HC says No Tax Evasion Found, Quashes Penalty [Read Order]
The Allahabad High Court has quashed a penalty imposed under Section 129(3) of the UP GST ( Goods and services Tax ) Act, holding that the expiry of an e-way bill caused due to Kanwar Yatra traffic...
![GST E-way bill Expires due to Kanwar Yatra Traffic ban: Allahabad HC says No Tax Evasion Found, Quashes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/2106811-penalty-site-image.webp "GST E-way bill Expires due to Kanwar Yatra Traffic ban: Allahabad HC says No Tax Evasion Found, Quashes Penalty [Read Order]")
![Allahabad HC grants bail to Accused alleged of Committing Rs. 120 crores GST Fraud [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/2106812-allahabad-hc-gst-fraud-allahabad-high-court-order-in-gst-fraud-case-taxscan.webp "Allahabad HC grants bail to Accused alleged of Committing Rs. 120 crores GST Fraud [Read Order]")
Non-filing of Part-B of GST E-way Bill due to Tech Glitch not Amounts to Tax Evasion: Allahabad HC quashes Penalty [Read Order]
The Allahabad High Court has ruled that non-filing of Part B of a GST ( Goods and Services Tax ) e-way bill especially when caused by a technical glitch cannot be treated as an attempt to evade...
![Non-filing of Part-B of GST E-way Bill due to Tech Glitch not Amounts to Tax Evasion: Allahabad HC quashes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/2106814-e-way-bill-gst-gst-e-way-bill-due-tax-evasion-allahabad-hc-taxscan.webp "Non-filing of Part-B of GST E-way Bill due to Tech Glitch not Amounts to Tax Evasion: Allahabad HC quashes Penalty [Read Order]")
Goods Accompanied by Genuine GST E-Way Bill Cannot Be Seized: Allahabad HC Criticises Authorities for Forcing Avoidable Litigation [Read Order]
The Allahabad High Court has held that goods accompanied by a valid and genuine GST ( Goods and Services Tax ) e-way bill cannot be detained or seized, and criticised the department for dragging a...
![Goods Accompanied by Genuine GST E-Way Bill Cannot Be Seized: Allahabad HC Criticises Authorities for Forcing Avoidable Litigation [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/2106810-goods-accompained-gst-e-way-bill-allahabad-hc-forcing-avoidable-litigation-taxscan.webp "Goods Accompanied by Genuine GST E-Way Bill Cannot Be Seized: Allahabad HC Criticises Authorities for Forcing Avoidable Litigation [Read Order]")