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Blog, News, FEMA & Banking

December 16, 2024

Govt. Permits 4 Reporting Entities to Perform Aadhaar Authentication for Client Verification u/s 11A of PMLA

Notification No. S.O. 5371(E); dated: … Continue reading “Govt. Permits 4 Reporting Entities to Perform Aadhaar Authentication for Client Verification u/s 11A of PMLA”

Blog, News, Income Tax

December 16, 2024

New CBDT Circular Lacks Exception Clause for Filing Appeals Below Monetary Limits | HC

Case Details: Dr. Dipankar Banerjee … Continue reading “New CBDT Circular Lacks Exception Clause for Filing Appeals Below Monetary Limits | HC”

News, Blog, Insolvency and Bankruptcy Code

December 16, 2024

Financial Creditor’s Director Was Competent to File CIRP Plea Even If He Was a Director in a Struck Off Company | NCLT

Case Details: Airwil JKM Infrastructure … Continue reading “Financial Creditor’s Director Was Competent to File CIRP Plea Even If He Was a Director in a Struck Off Company | NCLT”

Blog, News, GST & Customs

December 16, 2024

Issuance and Dropping of Notice Under Section 73 Does Not Prevent Authorities from Initiating Proceedings u/s 74 | HC

Case Details: Group M Media … Continue reading “Issuance and Dropping of Notice Under Section 73 Does Not Prevent Authorities from Initiating Proceedings u/s 74 | HC”

Blog, News, GST & Customs

December 16, 2024

Order Quashed as Various Contentions Raised by Assessee in Reply Were Not Considered and Personal Hearing Was Not Granted | HC

Case Details: Rays Power Infrastructure … Continue reading “Order Quashed as Various Contentions Raised by Assessee in Reply Were Not Considered and Personal Hearing Was Not Granted | HC”

News, Blog, GST & Customs

December 13, 2024

Claiming of ITC Under Wrong Head Is Only a Technical Mistake Committed by Assessee | HC

Case Details: Rejimon Padickapparambil Alex … Continue reading “Claiming of ITC Under Wrong Head Is Only a Technical Mistake Committed by Assessee | HC”

Blog, News, GST & Customs

December 13, 2024

Disallowing ITC for Late Returns Is Arbitrary as Late Fees and Interest Serve as Sufficient Deterrents | HC

Case Details: Anand Steel v. … Continue reading “Disallowing ITC for Late Returns Is Arbitrary as Late Fees and Interest Serve as Sufficient Deterrents | HC”

Blog, News, Account & Audit

December 13, 2024

[Global Financial Insights] IASB Finalizes Revised Management Commentary and More

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] IASB Finalizes Revised Management Commentary and More”

Blog, News, Company Law

December 13, 2024

SEBI Amends NCS Regulations | Insert Norms Relating to ‘Issuance of Environment, Social & Governance Debt Securities’

Notification No. SEBI/LAD-NRO/GN/2024/217; Dated: 11.12.2024 … Continue reading “SEBI Amends NCS Regulations | Insert Norms Relating to ‘Issuance of Environment, Social & Governance Debt Securities’”

Blog, News, Income Tax

December 13, 2024

[Opinion] Compliance of Any Other Law for the Time Being in Force – Trust Law | Scope & Its Effects

CA Naresh Kumar Kabra & … Continue reading “[Opinion] Compliance of Any Other Law for the Time Being in Force – Trust Law | Scope & Its Effects”