Blog

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”

Blog, News, 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”

News, Blog, 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”

Blog, News, FEMA & Banking

August 14, 2024

RBI Mandates Deposit-Taking Housing Finance Companies to Maintain Liquid Assets to Extent of 15% of Public Deposits

Circular No. RBI/2024-25/61 DOR.FIN.REC.No.34/03.10.136/2024-25, Dated: … Continue reading “RBI Mandates Deposit-Taking Housing Finance Companies to Maintain Liquid Assets to Extent of 15% of Public Deposits”

Blog, News, Company Law

August 14, 2024

Foreign Cos. Must Now File Form FC-1 With CRC Within 30 Days of Setting Up Business in India, Effective Sep 9, 2024

Notification No. G.S.R 491(E); Dated: … Continue reading “Foreign Cos. Must Now File Form FC-1 With CRC Within 30 Days of Setting Up Business in India, Effective Sep 9, 2024”

News, Blog, Account & Audit

August 14, 2024

CRAC Financial Reporting | Considerations for Standalone and Consolidated Statements

ABC Corporation is a life … Continue reading “CRAC Financial Reporting | Considerations for Standalone and Consolidated Statements”

Blog, News, GST & Customs

August 14, 2024

Matter Remanded for Fresh Consideration Where the Notice and Order Was Only Uploaded on Common Portal | HC

Case Details: B K T … Continue reading “Matter Remanded for Fresh Consideration Where the Notice and Order Was Only Uploaded on Common Portal | HC”

Blog, News, GST & Customs

August 14, 2024

HC Stayed Recovery Against Order of Levy of GST on Seigniorage Fee and Mining Lease in Light of Pendency of Decision of SC

Case Details: C. Srinivasa Moorthy … Continue reading “HC Stayed Recovery Against Order of Levy of GST on Seigniorage Fee and Mining Lease in Light of Pendency of Decision of SC”