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Restraining Dealers from Dealing with Competitors is imposing unfair conditions, Amounts to exploitative conduct: CCI Directs Investigation on Asian Paints [Read Order]

Yogitha S Yogesh

The Competition Commission of India (CCI) directed the Director General (‘DG’) to cause an investigation on Asian Paints, on finding that ...

Crisil Ltd (S&P Global Subsidiary) Receives ₹7.95 Crore GST Penalty Over Export Services

Vedanta Receives ₹15.4 Lakh GST Penalty for Using CENVAT Credit to Pay Excise Duty

Mahindra Holidays gets GST Demand Notice Worth ₹363 Cr

NIIT Wins Income Tax Appeal: ₹5.34 Crore Demand Quashed by CIT(A)

Big 6 Accounting Firms Dominate India’s Corporate Audit Landscape

India's corporate audit market is experiencing unprecedented consolidation, with the so-called "Big 6" accounting firms-Deloitte, EY, KPMG, PwC, Grant Thornton, and BDO-increasing their stranglehold...

Big 6 Accounting Firms - Big 6 Accounting Firms Dominate - India’s Corporate - taxscan

IndusInd Bank Faces ₹30.15 Crore GST Penalty

IndusInd Bank Limited has been hit with a penalty of Rs. 30.15 crore by the Joint Commissioner of CGST & Central Excise, Thane Commissionerate, in connection with alleged violations under the...

SEBI issues Circular on Business Continuity for Interoperable Segments of Stock Exchanges [Read Circular]

The Securities and Exchange Board of India ( SEBI ) issued a circular on November 28, 2024, for better Business Continuity Planning ( BCP ) and Disaster Recovery Strategies ( DRS ) for interoperable...

SEBI - Securities and Exchange Board of India - SEBI issues Circular on Business Continuity - taxscan

Illegal Freezing of Demat Account of Doctor: Bombay HC directs SEBI, BSE and NSE to Compensate with Rs. 50 Lakhs within 2 Weeks [Read Order]

The Bombay High Court recently directed the Securities and Exchange Board of India (SEBI), along with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), to pay a compensation of...

Illegal Freezing - Demat Account - Doctor - Bombay HC directs SEBI, BSE - NSE - TAXSCAN

RBI Takes Regulatory Action Against IIFL Finance Ltd., Prohibits Gold Loan Sanctions and Sales

Following its recent regulatory measures against Paytm Payments Bank Limited ( PPBL ), the Reserve Bank of India ( RBI ) has taken further action, this time targeting India Infoline Finance Limited...

RBI - IIFL Finance Ltd - Gold Loan - Gold Loan Sanctions and Sales - RBI Takes Regulatory Action Against IIFL Finance Ltd - taxscan

Kickstart 2024 with Investment in Gold: Central Govt Unrolls Series III and IV of SGB Scheme 2023-24, Check Dates and Interest Rates here

As the new year approaches, consider making a resolution to invest in your future. A noteworthy opportunity has been presented by the Government of India in partnership with the Reserve Bank of India...

Investment in Gold - SGB Scheme - Central Government - Reserve Bank of India - Sovereign Gold Bonds - Investment - taxscan

Depository Charges should not be Disallowed u/s 14A r.w.r. 8D(2)(i) of Income Tax Act: ITAT [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the depositary charges should not be disallowed under section 14A read with rule 8D(2)(i) of the Income Tax Act,1961. ...