In a uncommon transfer, NCLT has recalled and put aside its personal order directing insolvency proceedings in opposition to realty agency Logix Infrastructure in July 2023, saying the plea was initiated with “fraudulent and mala fide intentions” and a collusive petition was filed by the monetary creditor. NCLT mentioned “there’s a nexus and connection” between…
&w=600&resize=600,400&ssl=1 "Price range 2025-26 could provide customs Amnesty Scheme to scale back litigation")
The federal government had prior to now introduced amnesty schemes for excise and repair tax and even for the revenue tax however not for customs learn extra In a bid to scale back litigation, Finance Minister Nirmala Sitharaman within the upcoming Price range could announce an Amnesty Scheme for customs to foster ease of doing…
Highlights Bajaj Electricals acquired an Attraction Order on December 6, 2024, lowering the unique tax demand from ₹ 1.48 crore to ₹ 6.09 lakh below the Odisha Items and Companies Tax Act and Central Items and Companies Tax Act for the monetary yr 2017–18. The corporate is contemplating availing of the Authorities of India’s Amnesty…
