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News, Blog, Company Law

June 18, 2024

[Opinion] ROC Cracks Down on Company | Directors | CS for Mishandling of Minute Records for 16 Years

Prof R Balakrishnan – [2024] … Continue reading “[Opinion] ROC Cracks Down on Company | Directors | CS for Mishandling of Minute Records for 16 Years”

Blog, News, Account & Audit

June 18, 2024

Change in the Method of Accounting From a Cash Basis to an Accrual Basis

As per guidance notes for … Continue reading “Change in the Method of Accounting From a Cash Basis to an Accrual Basis”

Blog, News, GST & Customs

June 18, 2024

Proper Officer Should at Least Consider Reply on Merits and Then Form an Opinion | HC Remanded Matter Back for Re-Adjudication

Case Details: Mitsubishi Electric India … Continue reading “Proper Officer Should at Least Consider Reply on Merits and Then Form an Opinion | HC Remanded Matter Back for Re-Adjudication”

Blog, News, GST & Customs

June 18, 2024

HC Remanded Matter as No Annexure Was Supplied to Assessee Though SCN Stated That Working of Excess ITC Was Appended

Case Details: Shree Padma Industries … Continue reading “HC Remanded Matter as No Annexure Was Supplied to Assessee Though SCN Stated That Working of Excess ITC Was Appended”

Blog, News, Transfer Pricing

June 18, 2024

WDV as Reflected in Books of AE Can’t Be Considered While Computing ALP of Assets Purchased From AE | HC

Case Details: PCIT v. Sarens … Continue reading “WDV as Reflected in Books of AE Can’t Be Considered While Computing ALP of Assets Purchased From AE | HC”

Blog, News, Income Tax

June 18, 2024

Assessment to Be Completed u/s 153A if Assessee Confirmed Info. About Foreign Bank by Filing Revised ITR During Search

Case Details: Rajinder Kumar vs. … Continue reading “Assessment to Be Completed u/s 153A if Assessee Confirmed Info. About Foreign Bank by Filing Revised ITR During Search”

Blog, Weekly Round-up

June 18, 2024

Weekly Round-up on Tax and Corporate Laws | 10th to 15th June 2024

This weekly newsletter analytically summarises … Continue reading “Weekly Round-up on Tax and Corporate Laws | 10th to 15th June 2024”

Blog, News, Account & Audit

June 17, 2024

Checklist for Clause 12 of Form 3CD in Tax Audit Under the Income Tax Act, 1961

Clause 12 requires the tax … Continue reading “Checklist for Clause 12 of Form 3CD in Tax Audit Under the Income Tax Act, 1961”

News, Blog, Company Law

June 17, 2024

SEBI Revises ‘Offer for Sale’ Framework, Mandates Employees to Place Bids on T+1 at T Day’s Cut-off Price

Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/82; Dated: 14.06.2024 … Continue reading “SEBI Revises ‘Offer for Sale’ Framework, Mandates Employees to Place Bids on T+1 at T Day’s Cut-off Price”

Blog, News, Insolvency and Bankruptcy Code

June 17, 2024

NCLT Rightly Rejected Section 9 Plea Due to Pre-existing Dispute on Debt and Quality of Goods/Services | NCLAT

Case Details: East India Udyog … Continue reading “NCLT Rightly Rejected Section 9 Plea Due to Pre-existing Dispute on Debt and Quality of Goods/Services | NCLAT”