Highlights RBI issues Master Directions on Prepaid Payment Instruments (PPIs) Reserve Bank of India (RBI) issues Master Directions on PPIs in public interest. The provisions of M.....
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JUDGMENTS Liability appearing in the Balance Sheet tantamount to acknowledgement of debt(02.09.2021) In facts of present case, an amount of Rs. 6,03,90,079 was disallowed under Section 41(1) of the Inc..... Quantum proceedings and penalty proceedings are independent and so, distinct proceedings and confirmation of an addition cannot, on a standalone basis, justify upholding of a penalty(02.09.2021) By present miscellaneous application, the applicant revenue seeks to recall order passed, wherein th..... When the notification is very clear, there is no scope for entertaining any interpretation(31.08.2021) The Appellant is engaged in the manufacture of cookies, biscuits, cakes, chocolates, sugar confectio.....
INTERNATIONAL CASES Accused could only have been properly convicted, if the evidence of th.....(01.09.2021) In facts of present case, on 28 November 2018, the appellant, Mr. Lungisa Grifhs, was convicted toge.....
NOTIFICATIONS & CIRCULARS Appointment date for the purpo.....(01.09.2021) In exercise of the powers conferred by the second proviso to sub-section (1) of section 245-O, sub-section (2) of section 245P, sub-section (4) of sec..... Revised guidelines for liquidi.....(01.09.2021) 1. SEBI vide circular CIR/MRD/DP/14/2014 dated April 23, 2014 permitted stock exchanges to introduce liquidity enhancement schemes in the equity cash ..... General allocation of special .....(01.09.2021) International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion (equivalent to around USD 17.86 billion at the .....
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