Day: February 27, 2026
The prima facie satisfaction u/s 148 cannot be stretched to a non-existing information or incorrect information – ITAT In a Recent judgment, ITAT Hyderabad has held that the prima facie information considered by the AO for issue of notice u/s 148 cannot be stretched to a non-existing information …
Mutual Funds to value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges SEBI has issued Circular on the valuation of physic al Gold and Silver held by mutual fund scheme As per the extant regulatory framework, physical Gold and Silver …
Supreme Court allows simultaneous CIRP proceedings against principal debtor and its corporate guarantor, declines to frame any guidelines In a recent judgment, the Hon’ble Supreme Court allowed appeals against order of Adjudicating Authorities (NCLT/NCLAT) holding that simultaneous proceedings for Corporate Insolvency Resolution Process under IBC against the principal …
