Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
MCA amended Rule 9B of Companies (Prospectus and Allotment of Securities) Rules, 2014 through notification dated Feb 12, 2025. The amendment extends compliance deadline to June 30, 2025, for private companies (excluding Producer companies) that were not classified as small companies as of March 31, 2023, regarding issuance of securities in dematerialized form. The amendment applies retrospectively with assurance that no interests will be adversely affected. The notification exercises powers under various sections of Companies Act, 2013, including sections 26, 27, 28, 29, 31, 39, 40, and 42 read with section 469.
MCA amended Rule 9B of Companies (Prospectus and Allotment of Securities) Rules, 2014 through notification dated Feb 12, 2025. The amendment extends compliance deadline to June 30, 2025, for private companies (excluding Producer companies) that were not classified as small companies as of March 31, 2023, regarding issuance of securities in dematerialized form. The amendment applies retrospectively with assurance that no interests will be adversely affected. The notification exercises powers under various sections of Companies Act, 2013, including sections 26, 27, 28, 29, 31, 39, 40, and 42 read with section 469.
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TaxTMI 
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