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Blog, News, Income Tax

August 17, 2024

Tax Liability Cannot Be Shifted to an Entity That Was Shown as a Vendor in Registered Sales Deed | HC

Case Details: Sushant Agarwal (HUF) … Continue reading “Tax Liability Cannot Be Shifted to an Entity That Was Shown as a Vendor in Registered Sales Deed | HC”

Blog, News, Company Law

August 17, 2024

Non-Promoter Shareholders of a Subsidiary May Be Classified as Promoter Group Post-Amalgamation; SEBI Clarifies

Informal Guidance No. SEBI/HO/CFD/PoD-2/OW/P/2024/16806/1, Dated: … Continue reading “Non-Promoter Shareholders of a Subsidiary May Be Classified as Promoter Group Post-Amalgamation; SEBI Clarifies”

News, Blog, Company Law

August 17, 2024

MCA Introduces ‘Ind AS 117’ on Insurance Contracts

Notification No. G.S.R 492(E); Dated: … Continue reading “MCA Introduces ‘Ind AS 117’ on Insurance Contracts”

Blog, News, Income Tax

August 17, 2024

[Opinion] Allotment of Shares Is a Taxable Event?

CA Pilar Shivanand Nayak & … Continue reading “[Opinion] Allotment of Shares Is a Taxable Event?”

Blog, News, Account & Audit

August 17, 2024

Tax Audit Checklist on Clause 22 of Form 3CD under the Income Tax Act, 1961

Under clause 22 of Form … Continue reading “Tax Audit Checklist on Clause 22 of Form 3CD under the Income Tax Act, 1961”

Blog, News, Income Tax

August 17, 2024

Compensation Received From Flipkart for Diminution in Value of ESOPs Is Taxable as Perquisite | HC

Case Details: Nishithkumar Mukeshkumar Mehta … Continue reading “Compensation Received From Flipkart for Diminution in Value of ESOPs Is Taxable as Perquisite | HC”

News, Blog, Competition Law

August 17, 2024

Google Violated Sherman Act by Maintaining Monopolies in Search Services and Ads via Exclusive Agreements, Rules US Dist. Court

Case Details: United States of … Continue reading “Google Violated Sherman Act by Maintaining Monopolies in Search Services and Ads via Exclusive Agreements, Rules US Dist. Court”

Blog, News, GST & Customs

August 17, 2024

Delhi HC Quashes GST Registration Cancellation as There Was Procedural Lapse by CGST Officer

Case Details: Abhishek Appliance (P.) … Continue reading “Delhi HC Quashes GST Registration Cancellation as There Was Procedural Lapse by CGST Officer”

Blog, News, GST & Customs

August 17, 2024

Matter Remanded Back by High Court Where Hearing Opportunity Was Not Granted to Taxpayer

Case Details: Kloud Data Labs … Continue reading “Matter Remanded Back by High Court Where Hearing Opportunity Was Not Granted to Taxpayer”

Blog, News, FEMA & Banking

August 14, 2024

RBI Sets 75% Risk Weight for Standard Real Estate Loans by Housing Finance Companies

Circular No. RBI/2024-25/62 DOR.CRE.REC.33/08.12.001/2024-25; Dated: … Continue reading “RBI Sets 75% Risk Weight for Standard Real Estate Loans by Housing Finance Companies”