Just a moment...

⚠✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: support@taxtmi.com

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search ❯
    November 1, 2025 Notifications Customs
    Customs fixes tariff values for edible oils, brass scrap, areca nut, gold and silver effective 1 November 2025
    November 1, 2025 Notifications Customs
    Revenue authority mandates using scheme-specific reversal procedures, not revising original entries, for instrument-based trade/customs benefits effec...
    November 1, 2025 Notifications Customs
    Voluntary post-clearance revision of customs entries allowed via authorised portal application subject to conditions, fees, and verification
    November 1, 2025 Notifications Customs
    Customs Act, 1962: Rs.1,000 fee added for electronic applications under Voluntary Revision of Entries Post Clearance Regulations, 2025
    November 1, 2025 Notifications Customs
    Government inserts Section 18A into Notification No. 26/2022-Customs (N.T.), assigning functions to designated proper officers
    November 1, 2025 Circulars SEBI
    Securities regulator sets new derivatives index eligibility: min 14 constituents, weight caps, phased rebalancing by set deadlines
    November 1, 2025 Circulars SEBI
    Regulator allows advisers and analysts to share certified past performance privately before PaRRVA launches, subject to conditions and enrolment
    November 1, 2025 Circulars SEBI
    Regulator allows advisers to give second opinions and charge up to 2.5% AUA fees with annual disclosure and consent
    November 1, 2025 Circulars FEMA
    FCRA renewal: Registrants must file Form FC-3C with Proforma AA at least four months before certificate expiry
    November 1, 2025 Case Laws GST
    Accused granted regular bail under s.132(1)(b),(c) CGST Act; offences compoundable under s.138, release on bonds
    November 1, 2025 Case Laws GST
    Petition allowed, impugned order set aside; matter remitted to second respondent for fresh adjudication and hearing
    November 1, 2025 Case Laws GST
    Petition dismissed; show-cause notice upheld as not wholly without jurisdiction; demerger and 2018 Notification require full adjudication
    November 1, 2025 Case Laws GST
    Refund under Section 54 CGST Act available only for excess tax paid; cess payment not eligible - matter remitted
    November 1, 2025 Case Laws GST
    Blended 'cotton seed cattle feed' classified as oilcake under HSN 23061090; not exempt under Serial No. 102, taxable at 2.5%
    November 1, 2025 Case Laws GST
    Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
    November 1, 2025 Case Laws GST
    Composite food pack is a mixed supply under s.8(b) CGST; classification follows the predominant chana dal at 5% GST
    November 1, 2025 Case Laws GST
    Exports of pre-packaged, labelled frozen shrimp (HSN 0306) in ≤25 kg cartons taxable under Legal Metrology Act 2009; 5% GST
    November 1, 2025 Case Laws Income Tax
    Notices under Section 144(b) read with Section 151A and E-Assessment Scheme 2022 issued outside faceless process held void
    November 1, 2025 Case Laws Income Tax
    Respondent must implement Commissioner (Appeals) order and refund taxes with interest under section 244A after deletions
    November 1, 2025 Case Laws Income Tax
    Section 194LA excludes TDR certificates from TDS; interim stay on tax demand and penalties under ss.201, 201(1A), 274/271C
❮

Are you sure you want to delete "My most important" ?

NOTE:

Highlights

Home / Highlights / FEMA / 2024 / November, 2024 / This
Back

All Highlights

Showing Results for : Law : All
Reset Filters
Showing
Records
ExpandCollapse

    Highlights

    Home / Highlights / FEMA / 2024 / November, 2024 / This
    Back

    All Highlights

    Showing Results for : Law : AllReset Filters
    Case ID :
    FEMA

    Penalty imposed under FEMA for non-compliance with Paragraph...

    Heavy penalties for company & director for failing to report share issuance under FEMA regulations.

    📋
    Contents
    AI Summary
    Note

    Note

    -

    Bookmark

    print

    Print

    Print Options

    FEMANovember 18, 2024Case LawsAT

    Penalty imposed under FEMA for non-compliance with Paragraph 9(1)(B) of Schedule 1 to FEMA Regulations, 2000. Section 13 FEMA does not require intention for penalizing contraventions. Maximum penalty can be three times the contravention amount. Penalty amount is discretionary, based on case facts and evidence. Respondent company failed to report in Form FC-GPR, depriving RBI of information about share issuance compliance. Director responsible for company operations. Appellate Tribunal enhanced penalties to Rs. 20 lakhs and Rs. 10 lakhs respectively on company and director.

    View Source View

    Topics

    ActsIncome Tax
    Next ➔